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Suppose You Notice That More and More People Are Driving

Question 51

Multiple Choice

Suppose you notice that more and more people are driving gas-guzzling cars. Since you drive an economy car, their increased demand for gas:


A) does not affect you.
B) causes companies to charge a lower price, thus benefiting you.
C) causes the price you pay for gas to increase.
D) does not change the price you pay, but reduces the quantity of gas supplied.

Correct Answer:

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