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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 4
A shift in the supply curve for gasoline in the United States would result if __________.
A) people decided to travel more by automobile
B) the OPEC nations decided to stop sales of crude oil to the United States
C) the price of gasoline increased
D) the price of gasoline decreased
E) the price of mass transit increased
A) people decided to travel more by automobile
B) the OPEC nations decided to stop sales of crude oil to the United States
C) the price of gasoline increased
D) the price of gasoline decreased
E) the price of mass transit increased
Explanation
Verified
Verified
When price of gasoline increases then su...
Microeconomics 9th Edition by Stephen Slavin
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