Which of the following would not cause the supply curve for gasoline to shift?

A) A change in the wages paid to gas station attendants.
B) A change in the number of gas stations.
C) A change in the incomes of drivers.
D) A change in the cost of refining oil.

C

Economics

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An association of producers in an industry that agree to set common prices and output quotas to prevent competition is

A) an oligopolist. B) a monopolistic competitor. C) a constrained monopoly. D) a cartel.

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We import about ______% of our oil.

A. 40 B. 50 C. 66 D. 80

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