An expected increase in the market price of oil in the coming year is likely to: shift the supply curve of oil to the left in the current year. shift the supply curve of oil to the right in the current year. shift the demand curve for oil to the left in the current year. cause no changes in the demand and supply curves of oil in the current year.

cause no changes in the demand and supply curves of oil in the current year.

Explanation:

Changes in price don't generate shifts in the supply and demand curves in the short term. It generates a movement along the curves as non price changes are the ones that generate a shift in these curves. If the price of the oil increases, the demand quantity falls which will cause a movement along the demand curve. Also, this situation will increase the supply quantity which also generates a movement along the supply curve.

lives by a moral and ethical code

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.