How quickly would the given adjustments be made


Problem

If the price of gasoline doubled, how would consumption of ( a ) gasoline, ( b ) cars, and ( c ) public transportation be affected? How quickly would these adjustments be made?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How quickly would the given adjustments be made
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