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Suppose we observe a sustained increase in the price of gas

Suppose we observe a sustained increase in the price of gas, then we can predict that gas sellers (ceteris paribus) will get (higher/lower) revenues in the short run, and the sales of electric cars most likely (increase/decrease) in the (short/long) run.

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Business Management: Suppose we observe a sustained increase in the price of gas

Reference No:- TGS02331835

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