Question: This is a question for my Microeconomics class. Any help would be appreciated!! Do you think OPEC has been equally successful in maintaining high oil

This is a question for my Microeconomics class. Any help would be appreciated!!

Do you think OPEC has been equally successful in maintaining high oil prices both in the short run and in the long run? Do you think OPEC's success or failure can be explained using the concepts of price elasticity of demand and supply and how it varies between the short run and the long run?

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