(T, F, U) A sharp fall in the price of gasoline would be unlikely to last very long; after all, the fall in price would lead to an increase in
September 3, 2020
“#1 For each of the following draw a separate diagram to demonstrate the answer. (Hint: Remember the difference in a change in demand [supply] and a…
September 3, 2020

(T, F, U) A sharp fall in the price of gasoline would be unlikely to last very long; after all, the fall in price would lead to an increase in demand, and this increase in demand would then cause the price to rise.

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