If the price of gasoline increased, what might you expect to happen? Select one: a. People would increase their use of public transportation. b. All of these are likely to happen. c. Demand for ethanol and alternative fuels would increase. d. People would reduce the amount of driving they did.
If the price of gasoline increased, what might you expect to happen? Select one: a. People would increase their use of public transportation. b. All of these are likely to happen. c. Demand for ethanol and alternative fuels would increase. d. People would reduce the amount of driving they did.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter7: Demand And Supply
Section: Chapter Questions
Problem 23AA
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