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Question 89

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Use the following to answer questions:
Figure: Demand and Supply of Gasoline Use the following to answer questions: Figure: Demand and Supply of Gasoline   -(Figure: Demand and Supply of Gasoline)  Look at the figure Demand and Supply of Gasoline. A factor that may have changed supply from S<sub>1</sub> to S<sub>2</sub> is: A) better technology in the production of gasoline. B) increased demand. C) lower labor productivity in gasoline production. D) increased prices of substitutes in production for gasoline.
-(Figure: Demand and Supply of Gasoline) Look at the figure Demand and Supply of Gasoline. A factor that may have changed supply from S1 to S2 is:


A) better technology in the production of gasoline.
B) increased demand.
C) lower labor productivity in gasoline production.
D) increased prices of substitutes in production for gasoline.

Correct Answer:

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