Lord manufactures a Focus and sells it to Avis, the car rental company. Your parents buy a bottle of French wine. Aunt Jane buys a new house from a local builder. You pay a domestic plumber for fixing a leak in your bathroom. New York hires workers to plow snow after a snowstorm. Ford sells a Mustang from its inventory to the Martinez family. Uncle Paul pays a domestic contractor for renovating his home. Uncle John receives a check from the federal government for unemployment insurance benefits.

The new york times (nov. 30, 1993) reported that “the inability of opec to agree last week to cut production has sent the oil market into turmoil . . [leading to] the lowest price for domestic crude oil since june 1990.” why were the members of opec trying to agree to cut production? so they could save more oil for future consumption so they could lower the price so they could raise the price why do you suppose opec was unable to agree on cutting production? because each country has a different production capacity because each country experiences different production costs because each country has an incentive to cheat on any agreement the newspaper also noted opec’s view “that producing nations outside the organization, like norway and britain, should do their share and cut production.” what does the phrase “do their share” suggest about opec’s desired relationship with norway and britain? opec would like norway and britain to keep their production levels high. opec would like norway and britain to act competitively. opec would like norway and britain to join the cartel.