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jhaygood86 jhaygood86
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6 years ago
Crude oil is an important input in producing gasoline. If the price of crude oil rises, the
A) price of gasoline rises due to increased demand.
B) price of gasoline falls due to increased demand.
C) price of gasoline rises due to decreased supply.
D) equilibrium quantity of gasoline falls due to increased supply.
E) equilibrium quantity of gasoline rises due to increased demand.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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AryanAryan
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6 years ago
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jhaygood86 Author
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6 years ago
this is exactly what I needed
kevin12323h
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Yesterday
Helped a lot
sudenzia
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2 hours ago
Smart ... Thanks!
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