Macroeconomics

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Title: Macroeconomics

Essay Details:

Subject: Miscellaneous

Author: Deidre M

Date: October 2, 2016

Level: College

Grade: A

Length: 1 / 141

Essay text:

The oil industry today in regard to the automotive market is inelastic in demand. The demand is the same no matter the price due to the need we have on gasoline. The demand for alternative energy, such as ethanol and bio fuels has and will continue to grow. The negative effects of what fossil fuels do the environment and the price of oil causes more people to looking for less costing energy and safer fuels to the environment. Companies such ADM has been given tax incentives so that they can produce more ethanol and bio fuel. These incentives are needed to create a competitive alternative fuel in the energy market...

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