asked 106k views
3 votes
Assume gasoline and cars are complements in consumption. If the price of gasoline rises, the producer surplus of auto manufacturers:

A. will increase.
B. will decrease.
C. will not change.
D. may change, but we cannot determine the change without more information.

asked
User Jacquie
by
8.0k points

1 Answer

4 votes
May change, but we cannot determine the change without more information
answered
User Kerem Atam
by
8.0k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.