answersLogoWhite

0

The demand for gasoline will decrease.

The price of gasoline will decrease.

The supply of gasoline will increase.

The price of gasoline will increase.

User Avatar

Wiki User

9y ago

What else can I help you with?

Continue Learning about Economics

Give detailed example of monopolistic competition in pakistn?

in general; some examples of monopolistic competition are foods, clothes, shoes, gasoline,toys, etc.


Is the price of gasoline is microeconomic or macroeconomic?

The price of gasoline is primarily a microeconomic issue, as it relates to the supply and demand for gasoline in specific markets. Factors such as production costs, consumer preferences, and competition among suppliers influence local gasoline prices. However, it can also have macroeconomic implications, as changes in gasoline prices can affect overall inflation rates and economic activity.


While the policy of price gouging customers who are buying gasoline is not technically illegal the practice is morally wrong This statement represents what type of proposition?

This statement represents proposition of value.


Why would the gasoline service stations convince the City Council to ban signs displaying gasoline prices?

To limit long-term competition and blind-side consumers with their individual gas prices. These service stations will only benefit from consumers that are not adamant about how much they pay for gas, the rest will be wise enough to research gas prices on the internet.


Why is E85 so expensive compared to traditional gasoline?

E85 is more expensive than traditional gasoline because it is a blend of 85 ethanol and 15 gasoline, and producing ethanol is more costly than extracting and refining crude oil to make gasoline. Additionally, the infrastructure for distributing E85 is not as widespread as that for gasoline, which can also contribute to its higher price.

Related Questions

Which statement most accurately explains competition among local gas stations on the price of gasoline?

the price of gasoline will decrease


What statement most accurately explains the effect of competition among local gas stations on the price of gasoline?

The price of gasoline will decrease.


Most accurately explains the effect of competition among local gas stations on the price of gasoline?

The price of gasoline will decrease


What most accurately explains the effect of competition among local gas stations on the price of gasoline?

The price of gasoline will decrease


What best explains why it is important to find a way to power vehicles other than using gasoline?

Gasoline is a nonrenewable resource.


What happen to the competition in gasoline pricing?

Gasoline pricing is regulated and taxed, therefore, one corporation can not change prices dramatically.


Give detailed example of monopolistic competition in pakistn?

in general; some examples of monopolistic competition are foods, clothes, shoes, gasoline,toys, etc.


Is the statement true gasoline sometimes makes a good ingredient for a smoothie.?

No, that is not true


What has the author Donald F Dixon written?

Donald F Dixon has written: 'Suppliers' pricing policies and gasoline price wars in Pennsylvania' -- subject(s): Prices, Gasoline, Competition


Which statement best describes how the use of gasoline in a car relates to the discipline of chemistry?

The materials used come from the ground. The gasoline undergoes a change as it burns. A car uses the gasoline to move. All parts of the car are composed of chemicals.


While the policy of price gouging customers who are buying gasoline is not technically illegal the practice is morally wrong This statement represents what type of proposition?

This statement represents proposition of value.


What is the mission statement of quik trip?

"To be the best gasoline, convenience, and food retailer in the eyes of our customers, our competitors, and our employees."