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FIGURE 4-5 Price of Gasoline Maximum allowed price Qg Quantity of Gasolino Refer to Figure 4-5. What is occurring in the market for gasoline? O
FIGURE 4-5 Price of Gasoline Maximum allowed price Qg Quantity of Gasolino Refer to Figure 4-5. What is occurring in the market for gasoline? O a. A price ceiling has been imposed resulting in a surplus of gasoline. * b. A price ceiling has been imposed resulting in a shortage of gasoline. O c. A price floor has been imposed resulting in a shortage of gasoline O d. A price floor has been imposed resulting in a surplus of gasoline
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