Multiple Choice
Holding all other forces constant, when the price of gasoline rises, the number of gallons of gasoline demanded would fall substantially over a 10-year period because:
A) buyers tend to be much less sensitive to a change in price when given more time to react
B) buyers will have substantially more income over a 10-year period
C) buyers tend to be much more sensitive to a change in price when given more time to react
D) none of these answers are correct
Correct Answer:

Verified
Correct Answer:
Verified
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