History, 11.11.2019 19:31 nulledcracker12

In the early 1970s, opec’s goal was to: a. decrease the world-wide price of oil so that the quantity demanded increases, thus raising total revenues for opec members. b. increase the world-wide price of oil by reducing the quantity of oil supplied. c. increase the world-wide price of oil by increasing the quantity of oil supplied, thus raising total revenues for opec members. d. decrease the world-wide price of oil so that quantity demanded increased.

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In the early 1970s, opec’s goal was to: a. decrease the world-wide price of oil so that the quantit...