When the price of oil declines significantly, the price of gasoline also declines. The latter occurs because of a(n): (Points : 1)
increase in the demand for gasoline.
decrease in the demand for gasoline.
increase in the supply of gasoline.
decrease in the supply of gasoline.
When the price of oil declines significantly, the price of gasoline also declines. The latter occurs because of an increase in the supply of gasoline.
Question
Asked 9/9/2012 9:31:21 AM
Updated 9/24/2017 9:24:26 AM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
Edited by
jeifunk [9/24/2017 9:24:25 AM], Confirmed by
jeifunk [9/24/2017 9:24:26 AM]
Rating
There are no new answers.
