asked 106k views
4 votes
If price was $1.40 per gallon and increased to $2.00 per gallon, how does quantity of gasoline demanded change

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User Anoroah
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8.3k points

1 Answer

3 votes

Answer:

Demand decreases.

Step-by-step explanation:

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

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User Discorick
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