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7/30/2017 4:16 PM -Refer to Situation 4-1.If No Price Controls Had Been in Price

question 22

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7/30/2017 4:16 PM
7/30/2017 4:16 PM    -Refer to Situation 4-1.If no price controls had been in place,the effect of the oil embargo on the equilibrium price and quantity of gasoline would have been A)  an increase in both price and quantity. B)  an increase in price and a decrease in quantity. C)  a decrease in price and an increase in quantity. D)  a decrease in both price and quantity.
-Refer to Situation 4-1.If no price controls had been in place,the effect of the oil embargo on the equilibrium price and quantity of gasoline would have been

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