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The price of gasoline has increased from $2.00 per gallon to $3.00 per gallon. How would this price change be represented on the demand curve?
The price of gasoline has increased from $2.00 per gallon to $3.00 per gallon. How would this price change be represented on the demand curve?
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Answer choices
a movement from one point on the line to a lower point on the line
a movement from one point on the line to a higher point on the line
a new curve to the right of the original curve
a new curve to the left of the original curve
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