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Business, 06.10.2019 02:30 xxgissellexx

Hurricane katrina damaged a large portion of refining and pipeline capacity when it swept through the gulfcoast states in august 2005. as a result of this, many gasoline distributors were not able to maintain normaldeliveries. at the pre-hurricane equilibrium price (i. e., at the initial equilibrium price), we would expect to seea) an increase in the demand for gasoline. b) the quantity demanded equal to the quantity supplied. c) a surplus of gasoline. d) a shortage of gasoline

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