Ive asked this before but the answer wasn't what I was looking for- for the price of fertilizers that use petrochemical in regards to the price of oil. How big of a role does oil play? Is the price of the good greatly affected by the price of oil?

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter4: Prices: Free, Controlled, And Relative
Section4.2: Price Controls
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Ive asked this before but the answer wasn't what I was looking for- for the price of fertilizers that use petrochemical in regards to the price of oil. How big of a role does oil play? Is the price of the good greatly affected by the price of oil?

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