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If the price of oil increases significantly, buyers and sellers of gasoline will both expect the price of gasoline to also increase. If sellers of gasoline act on their expectations more than the buyers do, then: a. The equilibrium price of gasoline will increase while the equilibrium quantity will decrease. b. The equilibrium price of gasoline will increase while the equilibrium quantity will increase. c. The equilibrium price of gasoline will decrease while the equilibrium quantity will decrease.d. The equilibrium price of gasoline will decrease while the equilibrium quantity will increase.

asked
User Mtsr
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1 Answer

2 votes

Answer:

2222

Step-by-step explanation:

answered
User Hugtech
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