Why do the price of gasoline goes up and down quickly
Discussion:
Supply and Demand
The price of gasoline goes up and down quickly, yet consumer demand for gasoline stays relatively steady. Does this mean the demand for gasoline is inelastic, or is something else at work? Explain.
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The price of gasoline goes up and down quickly, yet consumer demand for gasoline stays relatively steady. Does this mean the demand for gasoline is inelastic
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