Question: 1. 3.8 According to the Application Fracking and Shut downs, conventional oil wells have lower shut down points than those that use fracking. Use figures

1. 3.8 According to the Application “Fracking and Shut downs,” conventional oil wells have lower shut down points than those that use fracking. Use figures to compare the supply curves of firms with conventional wells and those that use fracking. On your figures, show the shutdown points and label the relevant costs on the vertical axes.

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