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question attached: Question 7 1 pts The price of gasoline decreases while the price of steel, an input to automobile manufacturing, increases. How does this

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Question 7 1 pts The price of gasoline decreases while the price of steel, an input to automobile manufacturing, increases. How does this affect the price and quantity sold of automobiles? O The effect on price is ambiguous. the quantity sold decreases. 0 Price increases. the effect on quantity sold is ambiguous. 0 Price decreases, the effect on quantity sold is ambiguous. O The effects on both price and quantity are ambiguous O The effect on price is ambiguous. quantity sold increases

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