In 2008 the price of crude oil per barrel set an all-time


In 2008, the price of crude oil (per barrel) set an all-time record of approximately $147 and then sank to near $40 by the end of the year. Since crude oil is a resource that is used in many industries, how would these changes in price impact of 3 different kinds of industries?

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Business Economics: In 2008 the price of crude oil per barrel set an all-time
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