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Use the Following Graph of the Refined Petroleum Market to Answer

Question 43

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Use the following graph of the refined petroleum market to answer the questions below.
Use the following graph of the refined petroleum market to answer the questions below.    -2 Which area represents the loss to the petroleum refineries as a result of the restoration of efficiency?
-2 Which area represents the loss to the petroleum refineries as a result of the restoration of efficiency?

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The loss to petroleum refiners...

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