An article in the wall street journal notes that although u. s. oil production has increased rapidly in recent years, the increase has still amounted to only 5 percent of world production. still, that increase has been "enough to trigger a price collapse." source: georgi kantchev and bill spindle, "shale-oil producers ready to raise output," wall street journal, may 13, 2015. a small increase in supply can lead to a large decline in equilibrium price when:

Diversity is an obstacle all marketers face: true false

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)