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Due to a price ceiling on gasoline, over 10,000 potential gasoline consumers cannot buy at the current price. Over time, the demand for gasoline adjusts
Due to a price ceiling on gasoline, over 10,000 potential gasoline consumers cannot buy at the current price. Over time, the demand for gasoline adjusts as people start buying electric cars. What will happen to the shortage? A. The shortage will be greater than 10,000. B. The shortage will be less than 10,000. C. The shortage will be equal to 10,000
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