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Homework answers / question archive / As a result of an expected increase in the price of gasoline in the near future, the followings are likely effects, EXCEPT: A shift up of the current supply curve for gasoline
As a result of an expected increase in the price of gasoline in the near future, the followings are likely effects, EXCEPT:
A shift up of the current supply curve for gasoline.
A shift up of the current demand curve for gasoline.
An increase today of the price of gasoline in equilibrium.
A decrease today, but increase tomorrow, of the price for gasoline in equilibrium.
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