[Answer] if the equilibrium price of gasoline is $2.75 per gallon and the government will not allow oil companies to charge more than $2.00 per gallon of gasoline which of the following will happen?

Answer: total surplus in the market will be lower than it would be if the price was $2.75

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if the equilibrium price of gasoline is $2.75 per gallon and the government will not allow oil companies to charge more than $2.00 per gallon of gasoline which of the following will happen? if the equilibrium price of gasoline is $2.75 per gallon and the government will not allow oil companies to charge more than $2.00 per gallon of gasoline which of the following will happen ? total surplus in the market will be lower than it would be if the price was $2.75 Question: If The Equilibrium Price Of Gasoline Is $2.75 Per Gallon And The Government Will Not Allow Oil Companies To Charge More Than $2.00 Per Gallon Of Gasoline Which Of The Following Will Happen ? Demand Must Eventually Decrease So That The Market Will Come Into Equilibrium At A Price Of $2.00 . if the equilibrium price of gasoline is $4.00 per gallon and the government will not allow oil companies to charge more than $3.00 per gallon of gasoline which of the following will happen ? a nonprice rationing system such as ration coupons must be used to ration the available supply of gasoline Tue Sep 01 2009 · If the equilibrium price of gasoline is $2.00 per gallon and the government will not allow oil companies to charge more than $1.00 per gallon of gasoline which of the following will happen ? A nonprice rationing system such as ration coupons must be used to ration the available supply of gasoline Part 1 of 1 - 85.0/ 100.0 Points Question 1 of 20 5.0/ 5.0 Points If the equilibrium price of gasoline is $2.75 per gallon and the government will not allow oil companies to charge more than $2.00 per gallon which of the following will happen ? A. Demand must eventually decrease so that the market will come into equilibrium at a price of $2.00 . B. Supply must eventually inc...

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