When price controls are not in place, gasoline companies use the interactions between the consumer and the producer to answer the fundamental economic questions. There is a high demand for gas but if the gas companies set the price for gas at such an expensive rate, people will look for other alternative ways for fuel. To answer the how to produce question, gas companies need to develop new technologies to efficiently make gas so that they have a higher profit. For whom they produce is to the people that are willing to pay for gas and that have cars.
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