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Home / Questions / Gasoline prices are typically higher during summer, when a lot of people are on road trip. Sam, who

Gasoline prices are typically higher during summer, when a lot of people are on road trip. Sam, who

Gasoline prices are typically higher during summer, when a lot of people are on road trip. Sam, who did not have any course in economic, says “gas companies just find any excuse to increase the price”. How does Sam’s perspective differ from that of economists who use the model of demand and supply?

Apr 06 2020 View more View Less

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