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Gasoline-supply and demand standpoint

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Reference no: EM133185579

1. Gasoline prices have been a major topic in the news.

What has happened to the price of gasoline since the beginning of the pandemic until today? Be specific, detailing the actual price range of gasoline.

2. Discuss the recent changes in price from a supply and demand standpoint.

What has happened with the supply of gasoline and the demand for gasoline?

Which of the determinants of supply and demand do you believe were responsible for the supply and demand changes?

Reference no: EM133185579

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