Essay
Hugo Chávez is the president of Venezuela.Venezuela is a major producer of oil products, which remain the keystone of Venezuela's economy.Suppose President Chávez enacts a government policy that reduces the customer price of gasoline sold at state-owned gas stations to 50% of the previous price.In theory, this policy will result in the quantity of gasoline demanded to be the quantity of gasoline supplied.
A.equal to
B.greater than
C.less than
D.greater than or equal to
Correct Answer:
Verified
Correct Answer:
Verified
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