Solved

What Will Occur If the Price of Gasoline (A Normal

Question 153

Multiple Choice

What will occur if the price of gasoline (a normal good) decreases, other things constant?  


A)  The demand for gasoline will increase. 
B)  The demand for gasoline will decrease. 
C)  The quantity demanded of gasoline will increase. 
D)  The quantity demanded of gasoline will decrease.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions