In the short run, what happens to the competitive market price of gasoline when a state's demand

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In the short run, what happens to the competitive market price of gasoline when a state's demand curve shifts to the right during warm months? In your answer, distinguish between areas in which regular gasoline is sold and jurisdictions that require special blends.

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Microeconomics

ISBN: 9781292215624

8th Global Edition

Authors: Jeffrey Perloff

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