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Gas stations seem pretty inflexible in how much they can supply to market through their pumps. Increasing prices has more to do with making the quantity demande
by pc2g4d 9y ago
Gas stations seem pretty inflexible in how much they can supply to market through their pumps. Increasing prices has more to do with making the quantity demanded and quantity supplied equal. When the supply quantity isn't flexible, it's demand that must change, and that's very easily accomplished by a change in prices.
At least, that's the theory :-)