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    Assume That the Price of Gasoline Triples
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Assume That the Price of Gasoline Triples

Question 45

Question 45

Multiple Choice

Assume that the price of gasoline triples.What will likely happen to the demand for fuel-efficient small cars? The demand curve will shift to the _____ and demand will _____.


A) right; decrease
B) left; increase
C) right; increase
D) left; decrease

Correct Answer:

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