In the Early 1970s,OPEC's Goal Was to

question 5

Multiple Choice

In the early 1970s,OPEC's goal was to

• A)decrease the world-wide price of oil so that the quantity demanded increased,thus raising total revenues for OPEC members.
• B)increase the world-wide price of oil by reducing the quantity of oil supplied.
• C)increase the world-wide price of oil by increasing the quantity of oil supplied,thus raising total revenues for OPEC members.
• D)decrease the world-wide price of oil so that quantity demanded increased.

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Definitions:

Non-electrolytes

Substances that do not produce ions when dissolved in water, and hence do not conduct electricity in solution.

Non-electrolyte

A substance that does not readily ionize when dissolved or melted and is therefore a poor conductor of electricity.

Dissociate

In chemistry, it refers to the process by which molecules, ions, or complexes split into smaller particles or ions, often reversible and influenced by environmental conditions.

Aqueous Solution

A mixture where water acts as the dissolving medium.