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Figure: Demand and Supply of Gasoline
-(Figure: Demand and Supply of Gasoline) Look at the figure Demand and Supply of Gasoline. Given the initial equilibrium of S₁ and D, any price lower than _____ will exert pressure for the price to _____.

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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 initial equilibrium of S₁ and D, any price lower than _____ will exert pressure for the price to _____.

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The Answer of 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 initial equilibrium of S₁ and D, any price lower than _____ will exert pressure for the price to _____. A)$2.00; fall B)$2.50; rise C)$3.00; rise D)$2.50; fall

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