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6.Oil is an input into the production of gasoline.Suppose there is a decrease in the cost of oil.We would predict that A.the price of gasoline
6.Oil is an input into the production of gasoline.Suppose there is a decrease in the cost of oil.We would predict that
A.the price of gasoline will rise.
B.the quantity demanded for gasoline will increase.
C.the demand for gasoline will increase.
D.the price of oil will rise.
E.None of the above.
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