Which of the following increases the supply of gasoline?
A. a situation where the quantity of gasoline demanded exceeds the quantity supplied
B. an increase in the price of gasoline
C. a decrease in the price of a resource used to produce gasoline, such as crude oil
D. a decrease in the demand for gas-guzzling, sport utility vehicles
E. an increase in income if gas-guzzling, sport utility vehicles are a normal good.
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following increases the supply of gasoline? A. a situation where the quantity of gasoline demanded exceeds the quantity ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Business » Which of the following increases the supply of gasoline? A. a situation where the quantity of gasoline demanded exceeds the quantity supplied B. an increase in the price of gasoline C.