Which of the following would cause a decrease in the supply of gasoline? an increase in the price of electric vehicles a decrease in the price of gasoline a hurricane that destroyed many oil refining factories along the gulf coast an increase in the technology used to produce gasoline
Which of the following would cause a decrease in the supply of gasoline? an increase in the price of electric vehicles a decrease in the price of gasoline a hurricane that destroyed many oil refining factories along the gulf coast an increase in the technology used to produce gasoline
Chapter3: Market Demand And Supply
Section: Chapter Questions
Problem 2SQ: Which of the following would not cause market demand for a normal good to decline? a. An increase in...
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Which of the following would cause a decrease in the supply of gasoline?
an increase in the price of electric vehicles
a decrease in the price of gasoline
a hurricane that destroyed many oil refining factories along the gulf coast
an increase in the technology used to produce gasoline fro
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