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Question: attemptquiz start frame autod2lou t frameautod21ou74431788isprvampdrc08qi7485464ampcfql08dnb0 demand and supply hivamkumar...

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attempt/quiz start frame auto.d2l?ou t frame.auto.d21ou-74431788isprv-&drc-08qi-7485464&cfql-08dnb-0 Demand and Supply hivamkumar Patel: Attempt 1 Question 12 (1 point) An article in the Wall Street Journal recently discussed the market for gasoline in the United States during the summer of 2013. Compared with the previous summer (2012), the article stated that there will be lower demand, as cars become more efficient and growth in production from hydraulic fracturing of shale deposits in the U.S. The demand and supply graph below shows the market for gasoline in summer 2012 Use this graph to analyze the situation described in this article for the summer of 2013. How will this affect the figure for 2013? S3012 p.S per Gallon P292 Q Quautity of Gasoline The demand curve will shift left and the supply curve will shift right The demand curve will shift right and the supply curve will shift left The demand curve and supply curve will both shift right The demand curve and supply curve wilt both shift teft
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