-The Above Figure Shows the Market for Gasoline

Multiple Choice

-The above figure shows the market for gasoline. When a hurricane destroys a major refinery that refines oil into gasoline, the

A) demand curve for gasoline does not shift, and the supply curve of gasoline shifts from S₁ to S₂.
B) demand curve for gasoline shifts from D₁ to D₂ and the supply curve of gasoline shifts from S₂ to S₁.
C) demand curve for gasoline does not shift, and the supply curve of gasoline shifts from S₂ to S₁.
D) demand curve for gasoline shifts from D₁ to D₂ and the supply curve of gasoline does not shift.