References
Introduction to OPEC
Introduction: http://www.opec.org/opec_web/en/17.htm
Oil Reserves http://www.opec.org/opec_web/en/data_graphs/330.htm
Introduction: http://www.opec.org/opec_web/en/17.htm
Oil Reserves http://www.opec.org/opec_web/en/data_graphs/330.htm
Monopoly Diagram
Marginal Revenue: https://www.youtube.com/watch?v=fg08G21ZiV0
MC and ATC: https://www.youtube.com/watch?v=C3m9FC3T3vw
Extra: https://www.youtube.com/watch?v=ELQ5wluGBfI&hl=en-GB&gl=SG
Marginal Revenue: https://www.youtube.com/watch?v=fg08G21ZiV0
MC and ATC: https://www.youtube.com/watch?v=C3m9FC3T3vw
Extra: https://www.youtube.com/watch?v=ELQ5wluGBfI&hl=en-GB&gl=SG
Reasons for OPEC's Decision:
Reason 1: http://www.usnews.com/news/articles/2014/11/10/an-oil-price-cold-war-with-saudi-arabia-not-so-fast-experts-say
Reason 2: https://www.youtube.com/watch?v=C3m9FC3T3vw
Reason 3: http://www.economist.com/news/leaders/21635472-economics-oil-have-changed-some-businesses-will-go-bust-market-will-be
Reason 4: http://www.ft.com/cms/s/0/5f097290-a18f-11e4-bd03-00144feab7de.html#axzz3a77Dt4bA
Reason 1: http://www.usnews.com/news/articles/2014/11/10/an-oil-price-cold-war-with-saudi-arabia-not-so-fast-experts-say
Reason 2: https://www.youtube.com/watch?v=C3m9FC3T3vw
Reason 3: http://www.economist.com/news/leaders/21635472-economics-oil-have-changed-some-businesses-will-go-bust-market-will-be
Reason 4: http://www.ft.com/cms/s/0/5f097290-a18f-11e4-bd03-00144feab7de.html#axzz3a77Dt4bA
Limitations
Limitation 1: http://sputniknews.com/business/20141130/1015321284.html
Limitation 2: http://www.usnews.com/news/articles/2014/11/10/an-oil-price-cold-war-with-saudi-arabia-not-so-fast-experts-say
Limitation 3: http://www.economist.com/news/leaders/21635472-economics-oil-have-changed-some-businesses-will-go-bust-market-will-be
Image "Criticism": http://www.spacedragons.org/2013/02/on-criticism-and-coachability.html
Image "Limitations": http://annex2nothing.com/blender-overview-limitations/
Limitation 1: http://sputniknews.com/business/20141130/1015321284.html
Limitation 2: http://www.usnews.com/news/articles/2014/11/10/an-oil-price-cold-war-with-saudi-arabia-not-so-fast-experts-say
Limitation 3: http://www.economist.com/news/leaders/21635472-economics-oil-have-changed-some-businesses-will-go-bust-market-will-be
Image "Criticism": http://www.spacedragons.org/2013/02/on-criticism-and-coachability.html
Image "Limitations": http://annex2nothing.com/blender-overview-limitations/
Others
Cover Picture: http://www.feyecon.com/industries/oil-gas
Cover Picture: http://www.feyecon.com/industries/oil-gas