When will people search harder for substitutes for oil: When the price of oil is high or
Question:
When will people search harder for substitutes for oil: When the price of oil is high or when the price of oil is low?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (6 reviews)
Generally speaking people will search harder fo...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
Modern Principles Of Microeconomics
ISBN: 9781429278416
3rd Edition
Authors: Tyler Cowen, , Alex Tabarrok
Question Posted:
Students also viewed these Business questions
-
The price of tools is set by a hardware store to cover operating expenses at 40% of cost, and to generate an operating profit of 25% of cost. What is the rate of markup on selling price for a rotary...
-
The price of gold is currently $1,800 per ounce. Forward contracts are available to buy or sell gold at $2,000 per ounce for delivery in one year. An arbitrageur can borrow money at 5% per annum....
-
The price of gold is used by some financial analysts as a barometer of investors' expectations of inflation, with the price of gold tending to increase as concerns about inflation increase. The table...
-
Consider constant marginal abatement cost for two firms: (a) Determine the optimal allocation for both firms when the damage function is convex, and when it is linear. (b) Is it possible to achieve...
-
c = 0.80, x = 20.6, = 4.7, n = 100 Construct the indicated confidence interval for the population mean . If convenient, use technology to construct the confidence interval.
-
Brooke, a single taxpayer, works for Company A for all of 2020, earning a salary of $50,000. a. What is her FICA tax obligation for the year? b. Assume Brooke works for Company A for half of 2020,...
-
List three ways to get input from the console and convert that input to the desired data type.
-
Dunbar Distribution markets CDs of numerous performing artists. At the beginning of March, Dunbar had in beginning inventory 2,500 CDs with a unit cost of $7. During March, Dunbar made the following...
-
Ho: 5. Now let's consider the effects of comparing responses across samples. Suppose that groups 1 and 2 used the same people, and that responses for individuals 1 to 8 are listed in each row....
-
Beverly sells donuts at the local bakery. Donuts cost $.50 each unless customers buy a dozen or more. When customers buy at least a dozen they cost $.40 each. Beverly earns a commission based on her...
-
The economist Bryan Caplan recently found a pair of $10 arch supports that saved him from the pain of major foot surgery. As he stated on is blog (econlog.econlib.org), he would have been willing to...
-
Michael is an economist. He loves being an economist so much that he would do it for a living even if he only earned $30,000 per year. Instead, he earns $80,000 per year.
-
Use cylindrical coordinates to find the volume of the solid. Solid inside the sphere x + y + z = 4 and above the upper nappe of the cone z = x + y
-
How do feedback loops, involving various physiological parameters such as hormone levels and neuronal signaling, maintain homeostasis in complex multicellular organisms, and what are the molecular...
-
Jamar earned $2,500 from his summer job at the grocery store. This is $350 more than twice what his friend Todd earned. How much did Todd earn from his summer job?
-
A company is expecting its sales to decline and has announced that it will be reducing its annual dividend by 5.75% a year for the next two years. After that, it will maintain a constant dividend of...
-
A new comedy movie featuring aging movie stars is filming near where Mark lives. He has a friend who knows the executive producer and has been told that the production company is looking for some...
-
The dividend for Should I, Inc., is currently $2.05 per share. It is expected to grow at 24 percent next year and then decline linearly to a perpetual rate of 6 percent beginning in four years. If...
-
The manager of the accounting office of a large hospital has the business objective of reducing the number of incorrect account numbers entered into the computer system. A subgroup of 200 account...
-
Create an appropriate display of the navel data collected in Exercise 25 of Section 3.1. Discuss any special properties of this distribution. Exercise 25 The navel ratio is defined to be a persons...
-
Illustrate how the reference group concept may apply in practice by explaining how you personally are influenced by some reference group for some product. What are the implications of such behavior...
-
Give two examples of recent purchases where the specific purchase situation influenced your purchase decision. Briefly explain how your decision was affected.
-
Give an example of a recent purchase in which you used extensive problem solving. What sources of information did you use in making the decision?
-
4. Bayes' Rule 4.1 [1 pt] Suppose a business releases a new product and sets a price of $4.25. Its customers' valuations for the new product are distributed normally with a mean of $4.00 and standard...
-
9) Write an assembly procedure called Mod that returns the mod of two unsigned integers passed to it and call the procedure. int Mod(x, y) { return x % y; } (the procedure should be equivalent to...
-
You are given a fact pattern below, followed by three binding case precedents. Write an IRAC analysis, answering the question of whether the DC Metro was negligent and, therefore, liable for Li Yu's...
Study smarter with the SolutionInn App