True/False
In the event of an oil supply disruption, the price system provides incentives to allocate oil away from low-value uses.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q29: When they guess correctly about price movements,
Q30: Although large parts of beef cattle become
Q31: It's worthwhile to grow roses in Kenya
Q32: If the price of ice in a
Q33: A retail outlet sells bottled water. Which
Q35: Which example is a reasonable analogy of
Q36: How can a futures contract mitigate exchange
Q37: If speculators expect the future price of
Q38: Which statements are TRUE?<br>I. The price system
Q39: Which economist described the market as being