Questions:
- What happens to the price of oil if OPEC cuts output and non-OPEC keeps output constant?
- When are profits higher for OPEC, when non-OPEC countries keep output constant after the cut or when non-OPEC countries increase output after the cut?
- When are profits higher for non-OPEC, when non-OPEC countries keep output constant after the cut or when non-OPEC countries increase output after the cut?
No comments:
Post a Comment