The High Price of Gasoline in the Late-2000s Was Likely

Multiple Choice

The high price of gasoline in the late-2000s was likely the result of

A) an increase in both the supply of and the demand for gasoline.
B) a decrease in both the supply of and the demand for gasoline.
C) an increase in the supply of gasoline along with a decrease in the demand for gasoline.
D) a decrease in the supply of gasoline along with an increase in the demand for gasoline.
E) no change in either the supply of or the demand for gasoline.