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22 January, 08:05

Which of the following increases the supply of gasoline?

A. a situation where the quantity of gasoline demanded exceeds the quantity supplied

B. an increase in the price of gasoline

C. a decrease in the price of a resource used to produce gasoline, such as crude oil

D. a decrease in the demand for gas-guzzling, sport utility vehicles

E. an increase in income if gas-guzzling, sport utility vehicles are a normal good.

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Answers (1)
  1. 22 January, 08:21
    0
    B is the correct answer
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