Which of the following will not lead to a decrease in the demand for petrol? A. An increase in price of motor cars B. A decrease in consumers' income C. An expected fall in the price of petrol D. An increase in the price of petrol

Which of the following will not lead to a decrease in the demand for petrol? A. An increase in price of motor cars B. A decrease in consumers' income C. An expected fall in the price of petrol D. An increase in the price of petrol

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter7: Demand And Supply

Section: Chapter Questions

Problem 23AA

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Question

Which of the following will not lead to a decrease in the demand for petrol?

A. An increase in price of motor cars

B. A decrease in consumers' income

C. An expected fall in the price of petrol

D. An increase in the price of petrol

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