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the need for oil, an input into gasoline, increased one year because of a severe winter. Many homes in the northeast heat their homes with oil. 1. The severe winter increased the _for oil. Since oil is an input into gasoline, the. of gasoline decreased. The overall effect was to the price of gasoline. demand -- supply --decrease supply -- demand -- decrease demand -- supply -- increase supply - demand - increase a. b. C. d.

the need for oil, an input into gasoline, increased one year because of a severe winter. Many homes in the northeast heat their homes with oil. 1. The severe winter increased the _for oil. Since oil is an input into gasoline, the. of gasoline decreased. The overall effect was to the price of gasoline. demand -- supply --decrease supply -- demand -- decrease demand -- supply -- increase supply - demand - increase a. b. C. d.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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the need for oil, an input into gasoline, increased one year because of a severe winter. Many homes in the northeast heat their homes with oil. 1. The severe winter increased the _for oil. Since oil is an input into gasoline, the. of gasoline decreased. The overall effect was to the price of gasoline. demand -- supply --decrease supply - demand - decrease demand -- supply -- increase supply -- demand -- increase a. b. С. d.
Transcribed Image Text:the need for oil, an input into gasoline, increased one year because of a severe winter. Many homes in the northeast heat their homes with oil. 1. The severe winter increased the _for oil. Since oil is an input into gasoline, the. of gasoline decreased. The overall effect was to the price of gasoline. demand -- supply --decrease supply - demand - decrease demand -- supply -- increase supply -- demand -- increase a. b. С. d.
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