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A hurricane destroyed the oil rigs that were used to make gas. Gas prices increased. 1.What kind of supply and demand relationship occurred? 2.High demand, supply stayed the same = high prices 3.High demand,
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A hurricane destroyed the oil rigs that were used to make gas. Gas prices increased. 1.What kind of supply and demand relationship occurred?

2.High demand, supply stayed the same = high prices
3.High demand, high supply = high prices
4.Low supply, demand stayed the same = high prices
5.Low supply, low demand = low prices

User Beloitdavisja
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4. low supply, same demand = higher prices
User Thamer
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