Oil and gasoline prices in the united states

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Reference no: EM135826

Q1. What action can firms to take to ensure that they realize whatever economies of scale are created by their volume of production?

Q2. Oil and gasoline prices are a concern in the United States. Why does this economic problem exist from a supply and demand perspective, what can be done to improve resource allocations, and what can government do, if anything? You are expected to write at least two paragraphs and at least four responses to classmate postings.

Reference no: EM135826

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