Suppose that oil prices rise sharply for years as a result


Suppose that oil prices rise sharply for years as a result of a war in the Middle East. Illustrate with a diagram what happens to the:  Demand for automobiles? Demand for home insulation? Demand for coal? Demand for tyres? Demand for bicycles?

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Microeconomics: Suppose that oil prices rise sharply for years as a result
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