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Laurent Laurent
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Posts: 803
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6 years ago
A price ceiling for gasoline set below the market-clearing price results in
A) a minimum price for gasoline.
B) increases in the quantity supplied by the oil companies.
C) decreases in the quantity demanded by buyers.
D) long lineups at the pumps.
E) incentives to discover new oil reserves and alternative fuels.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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martrekmartrek
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6 years ago
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Laurent Author
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6 years ago
Brilliant
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this is exactly what I needed
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2 hours ago
You make an excellent tutor!
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