What will happen to the quantity of oil supplied

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Question: 1. Along a supply curve, if the price of oil falls, what will happen to the quantity of oil supplied? Why?

2. When is a pharmaceutical business more likely to hire highly educated, cutting-edge workers and use new, experimental research methods: When the business expects the price of its new drug to be low or when it expects the price to be high?

Reference no: EM131823260

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