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Business, 03.02.2020 02:50 neash31

5. opec successfully raised the world price of oil in the 1970s and early 1980s, primarily due to: a. an inelastic demand for oil and a reduction in the amount of oil supplied. b. a reduction in the amount of oil supplied and a world-wide oil embargo. c. a world-wide oil embargo and an elastic demand for oil. d. a reduction in the amount of oil supplied and an elastic demand for oil.

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5. opec successfully raised the world price of oil in the 1970s and early 1980s, primarily due to: a...
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