Explain how supply and demand work

Reference no: EM133441154

Assignment:

Based on the graph, can you tell if the price of crude oil has increased or decreased? How did you decide on your answer? In your own words, explain how supply and demand work and you arrived at your answer.

Reference no: EM133441154

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Explain how supply and demand work : Based on the graph, can you tell if the price of crude oil has increased or decreased? How did you decide on your answer?

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