Currently , for various reasons buyers and sellers are expecting the price of oil to be lower in the future . As a result A) does the demand curve for oil shift right , left , or not at all ? B) does the supply curve of oil shift right , left , or not at all ? Cwhat is the effect on the equilibrium price and quantity of oil ?

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter3: Supply And Demand: Theory
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Currently , for various reasons buyers and sellers are expecting the price of oil to be lower in the future . As a result A) does the demand curve for oil shift right , left , or not at all ? B) does the supply curve of oil shift right , left , or not at all ? Cwhat is the effect on the equilibrium price and quantity of oil ?

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