Would the price of gasoline that consumers pay fall by 18 a gallon? How would consumer surplus

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Would the price of gasoline that consumers pay fall by 18¢ a gallon? How would consumer surplus change? Explain your answers.
High fuel prices will probably keep Americans closer to home this summer, despite the gas-tax “holiday” that would shave 18¢ off every gallon.
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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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