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President Chavez Venezuela said he is going to not sell oil to the United States. What will happen to the price and quantity of gasoline in the United States? Graphy the supply and demand curves then...

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President Chavez Venezuela said he is going to not sell oil to the United States. What will happen to the price and quantity of gasoline in the United States? Graphy the supply and demand curves then show the changes in price and quantity explain what has occurred and why (reason for shift)
Answered Same Day Dec 21, 2021

Solution

Robert answered on Dec 21 2021
127 Votes
President Chavez Venezuela said he is going to not sell oil to the United States.
What will happen to the price and quantity of gasoline in the United States? Graphy
the supply and demand curves then show the changes in price and quantity explain
what has occu
ed and why
Answer:
The decision of President Chavez Venezuela that he is going to not sell oil to the
United States means supply of oil to the United States will get restricted. As a result
supply...
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