Use the Following to Answer Question(s): Demand and Supply Shifters

Use the following to answer question(s) : Demand and Supply Shifters

-(Exhibit: Demand and Supply Shifters) The exhibit shows how supply and demand might shift in response to specific events.Suppose oil becomes more expensive.Which panel best describes how this will affect the market for gasoline, which is made from oil?

A) Panel (a)
B) Panel (b)
C) Panel (c)
D) Panel (d)