Multiple Choice
Other things equal, which of the following might shift the demand curve for gasoline to the left?
A) the discovery of vast new oil reserves in Montana
B) the development of a low-cost electric automobile
C) an increase in the price of train and air transportation
D) a large decline in the price of automobiles
Correct Answer:

Verified
Correct Answer:
Verified
Q124: A price ceiling means that<br>A) there is
Q125: (Advanced analysis) The demand for commodity X
Q126: The law of supply indicates that, other
Q127: The market demand schedule or curve for
Q128: All of the following are assumed to
Q130: A decrease in the price of digital
Q131: The demand for most products varies directly
Q132: Steve went to his favorite hamburger restaurant
Q133: One reason that the quantity demanded of
Q134: <span class="ql-formula" data-value="\begin{array} { | c |