What will happen in the gasoline market now if buyers expect higher gasoline prices in the near future?
A) The demand for gasoline will increase.
B) The demand for gasoline will decrease.
C) The demand for gasoline will be unaffected.
D) The supply of gasoline will increase.
Correct Answer:
Verified
Q105: Elena loves orange juice.She reads in the
Q107: Suppose the American Medical Association announces that
Q108: Which of the following events could shift
Q109: When quantity demanded has increased at every
Q111: If toast and butter are complements,then which
Q112: Economists normally
A)do not try to explain people's
Q113: When it comes to people's tastes,economists generally
Q114: Today,people changed their expectations about the future.This
Q115: Holding all other things constant,a higher price
Q186: What will happen in the market for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents