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Author Question: In the summer of 2008, the price of gasoline increased greatly. If the demand curve for gasoline did ... (Read 540 times)

V@ndy87

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on: May 24, 2019
In the summer of 2008, the price of gasoline increased greatly. If the demand curve for gasoline did not shift, which of the following occurred?
◦ Drivers received no consumer surplus after the price increase.
◦ Consumer surplus increased if drivers drove less.
◦ Consumer surplus decreased.
◦ If consumers drove the same amount, they received less total benefit.
◦ Both the marginal benefit from each gallon of gasoline and the consumer surplus from each gallon of gasoline decreased.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by V@ndy87 on May 24, 2019

pallen55

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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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V@ndy87

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Reply #2 on: May 24, 2019
TY


pallen55

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Reply #3 on: May 24, 2019
You're welcome


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