I need handwritten only with explanation   Which of the following does not have an immediate effect on the price of oil ?   Group of answer choices   Political tensions in the Middle East.   Discovery of the new deposits of oil.   Increase in efficiency in the automotive industry

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter7: Demand And Supply
Section7.3: The Law Of Supply And The Supply Curve
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I need handwritten only with explanation

 

Which of the following does not have an immediate effect on the price of oil ?

 

Group of answer choices

 

Political tensions in the Middle East.

 

Discovery of the new deposits of oil.

 

Increase in efficiency in the automotive industry 

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