Which of the following could cause an increase in the demand for gasoline?
A) the resolution of a civil war in one of the world's biggest oil-producing nations
B) the expectation that the price of gasoline will decrease in the future
C) a new technology that makes the production of gasoline significantly less expensive
D) an approaching hurricane that threatens a major oil refinery in Texas
Correct Answer:
Verified
Q102: The supply curve for oil shows:
A) the
Q103: A decrease in expected future supply of
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Figure: Bananas
A) shows how much buyers
A)
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