In much of the country, homeowners choose to heat their houses with either natural gas or heating oil. Which of the following would cause an increase in the demand for natural gas?
A) an increase in the price of natural gas
B) a decrease in the price of natural gas
C) a decrease in the price of heating oil
D) an increase in consumer incomes
Correct Answer:
Verified
Q3: Which of the following best exemplifies the
Q3: A negative relationship between the quantity demanded
Q4: Raclette is a popular wintertime dish in
Q4: A decrease in the price of a
Q5: When the economy turns down and the
Q8: A shift of the demand curve for
Q8: Which of the following factors would result
Q10: Which of the following statements is CORRECT?
A)A
Q10: The law of demand is illustrated by
Q18: The law of demand implies that:
A)consumers are
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