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l. h. Differentiate hetwreen mixed economic system and command economic system 4 with example. What determines the demand and supply for a nonrenewahle natural resource?
l. h. Differentiate hetwreen mixed economic system and command economic system 4 with example. What determines the demand and supply for a nonrenewahle natural resource? 4 Explain. The price of gasoline has been falling for more than a month. With oil prices also 4.5 falling1 more falls at the pump are expected. Source: CNN Money, May 4!, EN? The related information is given below: Quantity (millions of Price (dollars per gallons per week] gallon] anus 2m: 3*\":- Maw 2012 Required: i. 1What does the data table tell us\"? ii. Why did the price of gasoline decrease? Is it because demand changed or because supply changed, and in which direction? Explain the market for gasoline in April 2012 showing the change in demand and supply curve
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