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Use the following to answer questions:
Figure: Demand and Supply of Gasoline Use the following to answer questions: Figure: Demand and Supply of Gasoline   -(Figure: Demand and Supply of Gasoline)  Look at the figure Demand and Supply of Gasoline. Given the equilibrium after a change in supply from S<sub>1</sub> to S<sub>2</sub>: A) at the old price of $2.50, there will be pressure for the price to fall. B) the new price will be $2.00. C) the new quantity will be 600. D) the price will remain constant.
-(Figure: Demand and Supply of Gasoline) Look at the figure Demand and Supply of Gasoline. Given the equilibrium after a change in supply from S1 to S2:


Definitions:

Uplift

The vertical elevation of the Earth's surface due to natural processes like tectonic movements, leading to mountain building and other geological features.

Crustal Thickness

The measure of the depth of the Earth's crust, varying from the thinnest beneath the oceans to the thickest under high mountains.

Compression

A force that acts to compress or squeeze materials together.

Deposition

The geological process in which sediments, soil, and rocks are added to a landform or land mass, typically influenced by water, wind, or ice.

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