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Which of the Following Statements Is TRUE

Question 236

Multiple Choice

Which of the following statements is TRUE?


A) An increase in the price of gasoline will increase the supply of gasoline.
B) An increase in the price of gasoline will increase the quantity demanded of gasoline.
C) An increase in the price of gasoline will increase the quantity supplied of gasoline.
D) An increase in the price of gasoline will decrease the demand for gasoline.

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