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If the expected price of oil rises, then Multiple Choice the current equilibrium price and quantity will both rise. the current equilibrium price will rise,
If the expected price of oil rises, then Multiple Choice the current equilibrium price and quantity will both rise. the current equilibrium price will rise, and the current equilibrium quantity will fall. the equilibrium price and quantity will not change. the equilibrium price will rise, but the change in the equilibrium quantity will depend on whether the demand change outweighs the supply change
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