During the summer months,it is not unusual for both the price and the quantity consumed of gasoline to rise.These conditions reflect a(n)

Question

Quizplus · Accepted Answer

The increase in price and quantity consumed of gasoline during the summer months suggest an increase in demand. This is likely due to the fact that more people are traveling and driving during the summer, which increases the demand for gasoline. As a result, the market price of gasoline increases as does the quantity consumed.

During the Summer Months,it Is Not Unusual for Both the Price