Answered

Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Explore thousands of questions and answers from a knowledgeable community of experts on our user-friendly platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

If price was $1.40 per gallon and increased to $2.00 per gallon, how does quantity of gasoline demanded change

Sagot :

msdegigliolpt

Answer:

Demand decreases.

Explanation:

The demand decreases because the price increase would cause drivers to travel less, meaning that gasoline sales would go down.

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.