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The Demand, D, for Gasoline at Station a Is a Function

Question 69

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The demand, D, for gasoline at Station A is a function of the price, a, of gas at Station A and the price, b, of gas at Station B across the street. Thus, The demand, D, for gasoline at Station A is a function of the price, a, of gas at Station A and the price, b, of gas at Station B across the street. Thus, . Do you expect b to be positive or negative? . Do you expect The demand, D, for gasoline at Station A is a function of the price, a, of gas at Station A and the price, b, of gas at Station B across the street. Thus, . Do you expect b to be positive or negative? b to be positive or negative?

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