What effect should each of the following have on the demand for gasoline in a competitive market?
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What effect should each of the following have on the demand for gasoline in a competitive market? Indicate what happens to demand using an I= increase, D= decrease, and NC=no change. (a)_______an increase in the number of cars (b) _______the economy moves into a recovery (c)_________an increase in the price of car insurance, taxes, maintenance (d) _________more gas stations are built
Related Book For
Economics
ISBN: 978-0073375694
18th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
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