Which of the Following Increases the Supply of Gasoline

question 260

Multiple Choice

Which of the following increases the supply of gasoline?

• A) a situation where the quantity of gasoline demanded exceeds the quantity supplied
• B) an increase in the price of gasoline
• C) a decrease in the price of a resource used to produce gasoline, such as crude oil
• D) a decrease in the demand for gas-guzzling, sport utility vehicles
• E) an increase in income if gas-guzzling, sport utility vehicles are a normal good

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Definitions:

Direct Replacement

The process of substituting an existing item with another that directly takes its place without modification or significant adjustment.

Newline Character

A special character in text used to represent the end of a line of text and the start of a new one, typically denoted as '\n' in many programming languages.