In the short run, what happens to the competitive market price of gasoline if the demand curve

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In the short run, what happens to the competitive market price of gasoline if the demand curve in a state shifts to the right as more people move to the state or start driving gas-hogging SUVs? In your answer, distinguish between areas in which regular gasoline is sold and jurisdictions that require special blends.

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Microeconomics

ISBN: 9780133456912

7th Edition

Authors: Jeffrey M. Perloff

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