In July 2008, gas prices rose as high as $5 per gallon. By October, prices had fallen as far as $2.30 per gallon. The most likely cause of this change is
A) a decrease in population.
B) a decrease in expected future income.
C) a shift leftward of the gasoline supply curve.
D) an increase in the price of a complement for gasoline.
Correct Answer:
Verified
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