Microeconomics assignment

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MicroEconomicsAssignment

Please read this article ONLY, carefully and follow the instructions in the attached called "assignment" 


https://economictimes.indiatimes.com/markets/commodities/news/crude-oil-prices-gain-after-big-us-drawdown-eyes-on-opec-committee-meeting/articleshow/76979536.cms


- what are the problems?

- give recommendations 

- what are the factors that increase/decrease price of oil?


PLEASE MAKE SURE TO READ THE ATTACHED DOCUMENT CAREFULLY AND THOROUGHLY. 


Base this paper on MICROECONOMICS ONLY - E.g Supply/demand, Elasticity/Inelasticity, Costs/Profits, Inflation and Unemployment, Efficiency and Equality, etc. 



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