Some would have you believe that the economic problems of Western Europe in the 1980s were caused by the Organisation of Petroleum Exporting Countries (OPEC) oil cartel. This is nonsense. After all, Great Britain was not dependent on OPEC oil and yet Great Britain suffered from the same economic problems that affected France and West Germany. The author's point is made primarily by

What factors excluding price affect demand

When a market is in equilibrium, the buyers are those with the willingness to pay and the sellers are those with the costs.

Bob, an employee at machina corp., is well known among his colleagues because of his temper and impatience. during a heated argument with one of his supervisors, he reacts with hostility. bob's manager calls him in for a discussion and listens to what he has to say about the incident, while treating him with dignity and respect. this scenario can be best categorized as one that used