Demand And Supply Factors And Change In Price Of Gasoline

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JvagrePC

Economics

Description

Provide a link to an online article that describes a change in price of a product or a service, then explain why the change in price has taken place by looking at the changes in supply and/or demand that has taken for the product or service.

Using the tools of demand and supply, predict what you think might happen to price and quantity sold in the future and why.

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Explanation & Answer

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