DRY WELLS THAT ARE NOT SO DRY
Students analyze how producers respond to incentives and allocate their scare resources to maximize profits. They write persuasive letters to government officials and others. They read "Dry Wells That Are Not So Dry." They take notes on information they can use in writing a letter to a state legislator from an owner of a dry oil well who would like financial help for oil well owners to reopen the dry wells during a time of rising oil prices.