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Author Question: During 2008 the supply of gasoline decreased while at the same time the demand for gasoline ... (Read 56 times)

go.lag

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on: May 24, 2019
During 2008 the supply of gasoline decreased while at the same time the demand for gasoline increased. If the magnitude of the increase in demand was greater than the magnitude of the decrease in supply, then the equilibrium price of gasoline ________ and the equilibrium quantity ________.
◦ increased; increased
◦ increased; decreased
◦ increased; did not change
◦ decreased; did not change
◦ did not change; increased
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by go.lag on May 24, 2019

pangili4

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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go.lag

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Reply 2 on: May 24, 2019
Excellent

smrtceo

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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