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Please read the following article: Hurricane Sandy: Supply, Demand and Appropriate Responses to the Gas Shortage by Olsen and McBride. Discuss the supply and demand
Please read the following article: Hurricane Sandy: Supply, Demand and Appropriate Responses to the Gas Shortage by Olsen and McBride.
- Discuss the supply and demand of gasoline in the aftermath of Hurricane Sandy.
- Do you believe the United States federal government should have set a price ceiling on a gallon of gasoline?
- What are the advantages and disadvantages of price ceilings?
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