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What happened to cause the fall of oil and gasoline prices

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The student investigated the pricing of oil and gasoline. The study included a comparison of 2014 prices to 2015 prices. Explain the differences observed by means of supply and demand theory.

What happened to cause the fall of oil and gasoline prices?

 

Who's benefit from this and who's hurt the most when the prices drop?

Reference no: EM13802474

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