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An Increase in the Supply of Gasoline,ceteris Paribus,will Cause Equilibrium

Question 52

Multiple Choice

An increase in the supply of gasoline,ceteris paribus,will cause equilibrium price


A) To rise and equilibrium quantity to fall.
B) To fall and equilibrium quantity to rise.
C) And equilibrium quantity to rise.
D) And equilibrium quantity to fall.

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