Multiple Choice
Use the following to answer questions:
Figure: Demand and Supply of Gasoline
-(Figure: Demand and Supply of Gasoline) Look at the figure Demand and Supply of Gasoline. What might cause the supply curve to shift from S2 back to the initial supply curve S1?
A) The Organization of Petroleum Exporting Countries (OPEC) restricts the production of crude oil.
B) OPEC increases the production of crude oil.
C) U.S. citizens want to buy more gas.
D) Technology in the refinement of gasoline greatly improves.
Correct Answer:

Verified
Correct Answer:
Verified
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