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Triss [41]
3 years ago
9

Imagine that gas prices have increased to $5.00 per gallon. What will happen to the supply of fuel- efficient cars in the short

run and in the long run? Explain.
Social Studies
1 answer:
Amanda [17]3 years ago
8 0
Well, when the gas price is increased, people want to use the car that has low usage in gas.
So the demand and supply of fuel-efficient cars in the short run will be increased.
But as the year passes, supply will started to slowly dropping

hope this helps

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