The Price of Natural Gas Fell and the Quantity Sold

question 16

Multiple Choice

The price of natural gas fell and the quantity sold also fell.Everything else being equal, it is consistent that

• A)the price of oil fell.
• B)natural gas workers received large wage increases.
• C)more efficient gas drilling equipment was installed.
• D)consumer incomes rose.
• E)the supply of natural gas fell.

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