Use the Following to Answer Question

Multiple Choice

Use the following to answer question:
-(Figure: Shifts in Demand and Supply IV) Use Figure: Shifts in Demand and Supply IV.The figure shows how supply and demand might shift in response to specific events.Suppose oil becomes more expensive.Which panel BEST describes how this will affect the market for gasoline,which is made from oil?

A) Panel A
B) Panel B
C) Panel C
D) Panel D