What impact will the govt policy have on gasoline sales.

Reference no: EM13204913

In an effort to make gasoline more affordable for our population, the US government mandates that gasoline be priced at $3 per gallon, while the market price at present is $4 per gallon. What impact will this policy have on gasoline sales, prices, and the driving public? Explain.

Reference no: EM13204913

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What impact will the govt policy have on gasoline sales. : In an effort to make gasoline more affordable for our population, the US government mandates that gasoline be priced at $3 per gallon, while the market price at present is $4 per gallon. What impact will this policy have on gasoline sales.

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