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Last month, a gallon of gas cost $3.50. This month, a gallon of gas costs $3.25. What will probably happen to the quantity of gas demanded? It will probably go up. It will probably go down.
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12 votes
12 votes
Last month, a gallon of gas cost $3.50. This month, a gallon of gas costs $3.25. What will probably happen to the quantity of gas demanded?

It will probably go up.
It will probably go down.

User Myrdd
by
2.7k points

1 Answer

18 votes
18 votes

Answer:

down

Step-by-step explanation:

Okay, so let's think about it. Supply and demand: Higher demand, higher supply. The price is lower, and that means that they correspond together. It should go down.

User Snow Bunting
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3.3k points
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