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33. Refer to Figure 6-4. With a price ceiling present in this market, what will happen when the supply curve for gasoline shifts from S1

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33. Refer to Figure 6-4. With a price ceiling present in this market, what will happen when the supply curve for gasoline shifts from S1 to 32? a. The price will increase to P3. b. A surplus will occur at the new market price of P2. c. The market price will stay at P] due to the price ceiling. d. A shortage will occur at the price ceiling of P2

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