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Refer to Figure b-4. Without the price celling in this market for gasoline, what will happen to the price when the supply curve shifts from

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Refer to Figure b-4. Without the price celling in this market for gasoline, what will happen to the price when the supply curve shifts from S, to S2? a. It will increase to P3, but a shortage will still exist. b. It will increase to P, and the market will clear. c. It will remain at , and a shortage will still exist. d. It will eventually move to P2 without government assistance

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