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If the price of gasoline increases, most likely, ceteris paribus, the result will be: A. An increase in the demand for cars. B. An increase in the supply for cars C. A decrease in the supply for cars D.
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If the price of gasoline increases, most likely, ceteris paribus, the result will

be:
A. An increase in the demand for cars.
B. An increase in the supply for cars
C. A decrease in the supply for cars
D. A decrease in the demand for cars

User Kedves Hunor
by
4.6k points

2 Answers

1 vote

Answer:

A

Step-by-step explanation:

User Ttyyll
by
5.6k points
1 vote

Hello i am happy to answer this for you.

I believe the answer is D

My reasoning is that if the gasoline prices went up people will not want to pay for the gas anymore so people will not want gas fueled cars if they have to pay a higher price for the gasoline.

Sry if wrong

User Roomm
by
5.2k points
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