3.25 1.75 If there's a price-gouging law in effect preventing gas stations from raising prices, then there will be an excess of million gallons of gas. Suppose the government wants to alleviate the...


If there's a price-gouging law in effect preventing gas stations from raising prices, then there will be an excess *blank* of *blank* million gallons of gas.


Suppose the government wants to alleviate the market imbalance. The best policy solution is to impose *blank*, and the *blank* would be $ *blank* million. (Include two decimal places.)



(I answered the first part of the question, I'm just stuck on the second part of it.)


3.25<br>1.75<br>If there's a price-gouging law in effect preventing gas stations from raising prices, then there will be an excess<br>of<br>million gallons of gas.<br>Suppose the government wants to alleviate the market imbalance. The best policy solution is to impose<br>and<br>the<br>would be $<br>million. (Include two decimal places.)<br>Please answer all parts of the question.<br>

Extracted text: 3.25 1.75 If there's a price-gouging law in effect preventing gas stations from raising prices, then there will be an excess of million gallons of gas. Suppose the government wants to alleviate the market imbalance. The best policy solution is to impose and the would be $ million. (Include two decimal places.) Please answer all parts of the question.
D<br>3.25<br>3<br>1.75<br>4.<br>89<br>2)<br>

Extracted text: D 3.25 3 1.75 4. 89 2)

Jun 07, 2022
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