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Delvig [45]
3 years ago
10

A major hurricane shut down many coastal oil refineries, decreasing the supply of gasoline. Given the laws of supply and demand,

how would you expect the price of gasoline to change? (3 points)
The price will not change.
The price will go down because the supply has increased.
The price will go up because of the reduced supply.
The price will go down because there will be less demand for it.
Social Studies
1 answer:
yawa3891 [41]3 years ago
6 0

Answer:

The price will go up because of the reduced supply.

Explanation:

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3 years ago
The process of reasoning to a general conclusion through observation of specific cases is called.
labwork [276]

The process of reasoning to a general conclusion through observation of specific cases is called Inductive Reasoning.

<h3>What is Inductive Reasoning?</h3>

Inductive reasoning is seen as a kind of a process or a method that is known to be used in the drawing of conclusions.

This can be done by going from a particular point to a  general point and it is known to be one that is often contrasted with deductive reasoning.

Therefore, based on the above, The process of reasoning to a general conclusion through observation of specific cases is called Inductive Reasoning.

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2 years ago
Measure short distance​
BigorU [14]

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3 years ago
How maany years is it to be a history teacher in high scho?
german
It will take 4 years because you need a bachelor's degree and a state licence to teach in a public high school.
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3 years ago
An amount of $4,000 is invested the interest rate is 2% what is the month and 1 year
Pavel [41]

The interest for a month is $6.66 and 1 year is $80.

<u>Explanation</u>:

Simple Interest = Pnr/100

where,

⇒ P = principal

⇒ n = number of years

⇒ r = rate

Interest for 1 year,

P = $4,000, n = 1, r = 0.02

Interest = 4000\times 1\times 0.02

⇒ $80

Interest for 1 month,

⇒ divide the 1 year interest by 12,

⇒ 80/12

⇒ $6.66

8 0
3 years ago
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