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Oil producers expect that oil prices next year will be higher than oil prices this year. As a result, oil producers are most likely to
Oil producers expect that oil prices next year will be higher than oil prices this year. As a result, oil producers are most likely to O a. place more oil on the market this year, thus increasing the quantity supplied of oil at lower but not higher prices. O b. place more oil on the market this year, thus shifting the present supply curve of oil rightward. O c. hold some oil off the market this year, thus decreasing the quantity supplied of oil at lower but not higher prices. O d. hold some oil off the market this year, thus shifting the present supply curve of oil leftward
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