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    Exam 3: Where Prices Come From: the Interaction of Demand and Supply
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    If the Price of Automobiles Was to Increase, Then
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If the Price of Automobiles Was to Increase, Then

Question 222

Question 222

Multiple Choice

If the price of automobiles was to increase, then


A) the demand for gasoline would decrease.
B) the demand for gasoline would increase.
C) the supply of gasoline would increase.
D) the quantity of gasoline demanded would decrease.

Correct Answer:

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