
Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800
Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800 Exercise 4
A shift in the supply curve for gasoline in the United States would result if __________.
A) people decided to travel more by automobile
B) the OPEC nations decided to stop sales of crude oil to the United States
C) the price of gasoline increased
D) the price of gasoline decreased
E) the price of mass transit increased
A) people decided to travel more by automobile
B) the OPEC nations decided to stop sales of crude oil to the United States
C) the price of gasoline increased
D) the price of gasoline decreased
E) the price of mass transit increased
Explanation
When price of gasoline increases then su...
Economics 11th Edition by Stephen Slavin
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