The long-run demand curve for gasoline is likely to be a. more elastic than the short-run demand

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The long-run demand curve for gasoline is likely to be

a. more elastic than the short-run demand curve for gasoline.

b. more inelastic than the short-run demand curve for gasoline.

c. the same as the short-run demand curve for gasoline.

d. more inelastic than the short-run supply of gasoline.

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 29, 2024 03:01 AM

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The long-run demand curve for gasoline is likely to be a. more elastic than the short-run demand

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Exploring Macroeconomics

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