The development of a low-cost synthetic fuel is expected to cause a decrease in the price of oil

a. True
b. False
Indicate whether the statement is true or false

True

Economics

You might also like to view...

A Nov Soybean call has a strike price of $11.50. The underlying November futures price is $12.00. The intrinsic value is

A. -$0.50/bu B. $0.00/bu C. $1.00/bu D. $0.50/bu

Economics

If diseconomies of scale are present and the firm ________ all its inputs, its output ________

A) doubles; more than doubles B) doubles; less than doubles C) increases; increases by the same percentage D) halves; doubles

Economics