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If the Price of Gasoline Increases from $4 to $4

Question 344

Multiple Choice

If the price of gasoline increases from $4 to $4.50, ceteris paribus


A) people will buy more gasoline.
B) people will buy less gasoline.
C) the demand curve for gasoline will shift to the left.
D) the demand curve for gasoline will shift to the right.

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