Figure: Demand and Supply of Gasoline
(Figure: Demand and Supply of Gasoline) Look at the figure Demand and Supply of Gasoline.Given the initial equilibrium of S1 and D, any price lower than will create pressure for
the price to _.
A.$2.00; fall
B.$2.50; rise
C.$3.00; rise
D.$2.50; fall

Question

Quizplus · Accepted Answer

The Answer of Figure: Demand and Supply of Gasoline
(Figure: Demand and Supply of Gasoline) Look at the figure Demand and Supply of Gasoline.Given the initial equilibrium of S1 and D, any price lower than will create pressure for
the price to _.
A.$2.00; fall
B.$2.50; rise
C.$3.00; rise
D.$2.50; fall