The demand curve for gasoline has shifted rightward. One explanation is that
A) consumer incomes are lower and gasoline is a normal good.
B) the price of automobiles is higher and gasoline and automobiles are complements.
C) consumer incomes are higher and gasoline is a normal good.
D) the number of consumers has decreased.
E) everyone expects tomorrow's gasoline price will be lower.

Question

Quizplus · Accepted Answer

If consumer incomes increase, they have more money to spend on goods and services, including gasoline. Therefore, the demand for gasoline increases, shifting the demand curve rightward.

The Demand Curve for Gasoline Has Shifted Rightward