Use the Following to Answer Question(s): Demand and Supply of Gasoline

question 62

Multiple Choice

Use the following to answer question(s) : Demand and Supply of Gasoline

-(Exhibit: Demand and Supply of Gasoline) What might cause the supply curve to shift from S₂ back to the initial supply curve S₁?

• A) The Organization of Petroleum Exporting Countries (OPE
• C) restricts the production of crude oil.
• B) The Organization of Petroleum Exporting Countries (OPE
• C) increases the production of crude oil.
• C) Americans want to buy more gas.
• D) Technology in the refinement of gasoline greatly improves.

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