As the key component in gasoline production,a decline in the price of crude oil would cause
A) the demand for gasoline will decrease.
B) the demand for gasoline will increase.
C) the supply of gasoline will increase,and its price will fall.
D) the supply of gasoline will decrease,and its price will rise.
Correct Answer:
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Q131: As price falls
A)supply rises.
B)supply falls.
C)quantity supplied rises.
D)quantity
Q132: If the price of contact lenses doubles,
A)quantity
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