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Sublight2097 Sublight2097
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Posts: 4132
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9 years ago
If the quantity of gasoline supplied currently exceeds the quantity demanded,
A) there is a surplus of gasoline.
B) gasoline is no longer a scarce good.
C) the price of gasoline would tend to remain unchanged.
D) all of the above are true.
E) none of the above is true.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 355 times
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DropxDropx
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#1
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Posts: 1991
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9 years ago
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Sublight2097 Author
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#2
9 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
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#3
9 years ago
Happy to help, let me know if you have any more requests.
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