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Fuel is one of the main inputs for many sectors of the worlds economy. Therefore, when a war breaks out in country A, the leading

Fuel is one of the main inputs for many sectors of the world’s economy. Therefore, when a war breaks out in country A, the leading fuel producer globally, it causes fuel supply 2 disruptions. With the aid of a diagram, explain the impact on equilibrium price and quantity for fuel following this event.

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Operations Management Managing Global Supply Chains

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