What effect should each of the following have on the demand for gasoline in a co

Question

What effect should each of the following have on the demand for gasoline in a competitive market?  State what happens to demand.  Explain your reasoning in each case and relate it to a demand determinant.

(a) an increase in the number of cars

(b) the economy moves into a recession

(c) an increase in the price of car insurance, taxes, maintenance

(d) consumer expectations of substantial price increases in gasoline

PLEASE EXPLAIN as asked in the question. I have already received answers that just say "increase, decrease, decrease, etc...". am having a problem with the explination end as well to the question.

Explanation / Answer

(a) Demand would increase because there would be more buyers of gasoline. The additional buyers would come from the additional cars and trucks.

                  (b) Demand would decrease because consumer and business incomes would fall. Consumer and businesses would have less money to spend on gasoline.

                  (c) Demand would decrease because of increase in the price of complementary goods. Car insurance, car taxes, and car maintenance expenses are complements to gasoline.

                                (d)           Current demand for gasoline would increase because expectations about the future have changed and may prompt consumers to

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