Multiple Choice
If the price of gasoline (a normal good) decreases, other things constant,
A) the demand for gasoline increases
B) the demand for gasoline decreases
C) the quantity demanded of gasoline increases
D) the quantity demanded of gasoline decreases
E) neither the demand for gasoline nor the quantity demanded of gasoline changes because everything is assumed constant along a demand curve
Correct Answer:
Verified
Correct Answer:
Verified
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