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Home > Education Resources > shifting-curves-demand-and-supply-shifts-in-the-ga

Economic Education

Shifting Curves: Demand and Supply Shifts in the Gasoline Market

Lesson iconlesson (.pdf)

Students create a graph of gasoline supply and demand and identify the market-clearing price, then graph a decrease in demand for gasoline and a decrease in supply of gasoline to understand how those factors affect prices. From the Inside the Vault article, “Why Do Gasoline Prices React to Things That Have Not Happened?

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