Use the Following to Answer Question(s): Demand and Supply of Gasoline

Multiple Choice

Use the following to answer question(s) : Demand and Supply of Gasoline

-(Exhibit: Demand and Supply of Gasoline) A factor that may have changed supply from S₁ to S₂ is:

A) better technology in the production of gasoline.
B) increased demand.
C) lower labor productivity.
D) increased prices of substitutes for gasoline.