Identify the determinants of supply that are most relevant

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Question: For each of the following events, identify the determinants of supply that are most relevant and very briefly explain how/why it is relevant to the event.

  • Tensions in the Middle East raises the price of oil.
  • A new immigration law increases the size of working population
  • Long-term on-the-job training program has successfully increased the proportion of skilled workers.

 

Reference no: EM133376915

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