SylSha SylSha
  • 01-05-2019
  • Social Studies
contestada

An increase in the market demand for gasoline, all else equal, could be caused by

Respuesta :

palebadgworthy
palebadgworthy palebadgworthy
  • 13-05-2019

The correct answer is: "A decrease in the price of gasoline".

The demand function represents the quantity of a certain good or service that consumers are willing to purchase in the market at different price levels. The law of demand states that there is an inverse relationship between price and quantity supplied (ceteris paribus, hence, given that the rest remains equal).Therefore, when the price charged decreases, the amount that consumers are willing to buy increases.

Answer Link

Otras preguntas

A factory that dyes clothing has 65,492 pounds of dye stored in a warehouse. Round this number to the nearest thousand.
Which number line represents the solution set for the inequality –1/2x ≥ 4?
The gymnast's ________ body moved gracefully, masterfully across the balance beam, never missing a beat or her step. Agile Lengthy Spry Subtle
How were ancient Native American leaders similar to ancient Egyptian leader
Assignment question 2
How to use hablar as the ending of a Spanish sentence
2x10 + 3x1/10 + 9x1/100 +7x1/1000
Answer this problem x- 2 = -3x + 10
the number x divided by the number y is the same as six less than three times the diffrence of x and y
arlo has 17 bean bag animals.some are fuzzy. 9 bean bag animals are not fuzzy. how many animals are fuzzy