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Business, 12.09.2019 01:30 kiwi6316

Gasoline, a derivative of oil, is a large part of transportation costs for many producers. if the price of oil increases at the same time that incomes fall for many consumers, one would expect the equilibrium price of many normal goods to while their equilibrium quantities would
a. fall, rise, or stay the same; decrease
b. fall; rise
c. decrease; fall, rise, or stay the same
d. fall; fall

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Gasoline, a derivative of oil, is a large part of transportation costs for many producers. if the pr...
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