If the Demand Curve for Gasoline Is Relatively Steep,then

Multiple Choice

If the demand curve for gasoline is relatively steep,then

A) higher gasoline prices would cause a large number of people to stop driving.
B) the law of demand does not hold for gasoline.
C) shifts in the supply curve for gasoline will have relatively little effect on the price of gasoline.
D) the price of gasoline has relatively little effect on drivers' decision to buy gasoline.