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URGENT!!! Describe how the principle of supply and demand influenced and benefited John D. Rockefeller's oil business.

URGENT!!! Describe how the principle of supply and demand influenced and benefited John D. Rockefeller's oil business.
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8 votes
URGENT!!!

Describe how the principle of supply and demand influenced and benefited John D. Rockefeller's oil business.

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User FoFox
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1 Answer

8 votes

Answer: Consumers paid higher prices because Demand went up and supply went down

Step-by-step explanation:

answered
User Clay Bridges
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8.2k points
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