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To: kellynla

Supply limited / increased demand = Higher Price. ...Econ 101 Page 1.


7 posted on 04/12/2008 7:33:29 AM PDT by Don Corleone (Leave the gun..take the cannoli)
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To: Don Corleone
Supply limited / increased demand = Higher Price. ...Econ 101 Page 1.

Bingo. People looking for complicated answers to the price of gas kill me. Its the most popular product in the history of our country. Demand and use is at an all time high. Hmmm, and price is at an all time high... I wonder if there's a connection...?

The price is accurate for the market (disregarding the impact of gas taxes which are an entirely different thread) The roads are full of people commuting to work in full size pick ups and mini-vans. Until that changes, you will not be able to convince me that gas prices have become too high for the American consumer.

18 posted on 04/12/2008 7:45:43 AM PDT by MichiganMan (Remember when Linkin Park wasn't on your mom's radio station?)
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