Both the frst and Tourth ansWers are true Save Question 5 (4 points) d The deman

Question

Both the frst and Tourth ansWers are true Save Question 5 (4 points) d The demand for gasoline is currently increasing. Which of the following statements describes a possible cause of the increase in demand for gasoline? Incomes are falling and gasoline is a normal good. Drivers are purchasing more fuel-efficient,cars. Commuters are switching from driving to public transportation. Consumers expect gas prices to rise in the near future. Save Question 6 (4 points) Which of the following will NOT cause the demand curve for milk to shift? MacBook Air

Explanation / Answer

The asnwer is D -) Consumers expect gas prices to rise in near future.

because, when the consumer expect that a commodity price will rise in the future, he will increase the demand for the commodity and thus quantity demand increases. and therefore, when consumers expects gas price rise in future , they demand more of the gasoline at the present which increase the demand for gasoline.

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