There is a shortage of gasoline at one dollar per gallon. the equilibrium price for gasoline is

a. one dollar per gallon
b. less than one dollar per gallon
c. more than one dollar per gallon
d. not calculable

The correct answer is C.

At the equilibrium point the market clears. This means that the amount demanded equals the amount supplied and that the desires of the producers and consumers that participate have been fulfilled.

When there is a shortage of gasoline (or excess demand), it means that the amount demanded by consumers at a specific price level is greater than the amount supplied by producers. Therefore, the adjustment mechanism of the market will operate, increasing the amount charged for gasoline, so that less consumers are willing to purchase it at a higher price. Adjustment will continue happening, and prices will continue growing, until the amounts supplied and demanded meet and an equilibrium is reached. Therefore, the equilibrium price for gasoline is greater than one euro per gallon.

the answer is solomon northrup. he was a free-born african american, abolitionist and professional violinist that was drugged, kidnapped and sold as slave in 1841 and remained in captivity until 1853 where he regained his freedom with the of the then-governor of new york, washington hunt. he wrote and published his memoirs "twelve years a slave" in 1853, and in this text, he tells the story of his escape thru one of louisiana's swamps (the great pacoudrie swamp) in which he ended up covered in green slime from crossing the surface of the dead water.

the last day of school because i didn’t have to go to school the next day