the oil price shock of 1980 sent gasoline prices, Econometrics

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the oil price shock of 1980 sent gasoline prices

The oil price shock of 1980 sent gasoline prices sharply higher. Coal prices moved in sympathy with oil prices, with the result that coal companies earned pure economic profits. Since coal is a homogeneous good and the market is competitive, what happend in this market.

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Econometrics: the oil price shock of 1980 sent gasoline prices

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