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Laws of demand and supply

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Discuss how you can use the laws of demand and supply to explain the following scenarios: Indiana, employees at a CITGO gas station intending to change the posted price of gasoline from $3.43 per gallon to $3.49 per gallown accidentally changed the price to $0.349 per gallon.A station attendant said that within minutes, "people were coming so fast that everything was crowded like a fairground.

Reference no: EM132312888

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