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Other Fields Homework Help Economics Topic started by: Mairoon on Oct 17, 2017



Title: If government regulations increase the cost of producing gasoline while at the same time government ...
Post by: Mairoon on Oct 17, 2017
If government regulations increase the cost of producing gasoline while at the same time government regulations reduce the cost of driving a relatively inefficient sport utility vehicle (SUV),
A) the supply of gasoline is expected to increase.
B) the demand for gasoline is expected to decrease.
C) the price of gasoline is expected to increase, whereas the total consumption of gasoline can increase, decrease, or stay the same.
D) the supply of gasoline is expected to increase.


Title: Re: If government regulations increase the cost of producing gasoline while at the same time ...
Post by: Tyforumca on Oct 17, 2017
C


Title: Re: If government regulations increase the cost of producing gasoline while at the same time government ...
Post by: Mairoon on Aug 14, 2018
Thanks. This is just start. ;)