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If the price of gasoline is too low and vendors sell out quickly, which of the following will happen next? Consumers will purchase more gasoline.

If the price of gasoline is too low and vendors sell out quickly, which of the following will happen next?

  • Consumers will purchase more gasoline.
  • Consumers will purchase less gasoline.
  • Producers will lower the price of gasoline.
  • The price of gasoline will rise to eliminate the shortage.

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