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    Economics Today Study Set 1
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    Exam 3: Demand and Supply
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    In the Above Figure, a Surplus Exists in the Gasoline
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In the Above Figure, a Surplus Exists in the Gasoline

Question 54

Question 54

Multiple Choice

In the above figure, a surplus exists in the gasoline market when the price is


A) $1/gallon.
B) $2/gallon.
C) $4/gallon.
D) below $2/gallon.

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