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29. A shortage of OPEC oil raises oil prices because of:
A) the law of elastic supply.
B) the law of elastic demand.
C) the downward-sloping demand curve.
D) all of the above.
E) none of the above.
https://brainmass.com/economics/supply-and-demand/19324
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OPEC oil raises oil prices, then the quantity demanded will be lowered because of ...
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$2.49