sarahsatan1247 sarahsatan1247
  • 03-07-2021
  • Business
contestada

If price was $1.40 per gallon and increased to $2.00 per gallon, how does quantity of gasoline demanded change

Respuesta :

msdegigliolpt
msdegigliolpt msdegigliolpt
  • 03-07-2021

Answer:

Demand decreases.

Explanation:

The demand decreases because the price increase would cause drivers to travel less, meaning that gasoline sales would go down.

Answer Link

Otras preguntas

PLS HELPP Solve 6/2- the square root of 7
Find the value of the variable such that: the value of 5−a is 20 greater than the value of 6a−1
What statement best describes an axis of symmetry for this square prism? The prism doesn’t have an axis of symmetry. The prism has exactly one axis of symmetry
help please, IT'S SUPER DUPER EASY
please help on this one?
as a president franklin roosevelt introduced ? A political reform B social programs C affordable health care D all of the above
Which development most aided explorers in their ability to sail the oceans to discover the New World during the Age of Discovery? a. mechanical motors b. mor
Help me pleaseeeeeee
You bought two new CDs with the last $30 in your checking account, and your next payday is on Monday. What is the opportunity cost of these CDs? the difference
Why was John Paul Jones’s victory important in the war?