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Question 129

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Use the following to answer question: Use the following to answer question: -(Figure: Demand and Supply of Gasoline) Use Figure: Demand and Supply of Gasoline.Given the initial equilibrium of S<sub>1</sub> and D,any price lower than _____ will exert pressure for the price to _____. A) $2.00;fall B) $2.50;rise C) $3.00;rise D) $2.50;fall
-(Figure: Demand and Supply of Gasoline) Use Figure: Demand and Supply of Gasoline.Given the initial equilibrium of S1 and D,any price lower than _____ will exert pressure for the price to _____.


A) $2.00;fall
B) $2.50;rise
C) $3.00;rise
D) $2.50;fall

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