answersLogoWhite

0

If the amount of gasoline available for sale suddenly drops while consumer demand remains unchanged, gasoline prices will likely increase. This is due to the basic economic principle of supply and demand: a decrease in supply, with constant demand, creates a shortage that drives prices up. Consumers may be willing to pay more to obtain the limited gasoline available, leading to higher market prices.

User Avatar

AnswerBot

2d ago

What else can I help you with?

Related Questions

Can drinking gasoline get you drunk?

No, drinking gasoline can be extremely harmful and toxic to the body. It can cause serious health issues, including damage to the digestive system, lungs, and brain. It is never safe or recommended to consume gasoline.


Tool is to shovel as what is to gasoline?

Vehicle is to gasoline. Just like a tool is used to manipulate or move soil, a vehicle is used to consume gasoline as fuel for transportation.


How much gasoline is used yearly by the US?

Americans consume roughly 9.32 barrells of gasoline a day, making that 3,401 barrels a year. Which adds up to be 136,875 million gallons a year.


How much gasoline can i drink?

It is extremely dangerous to drink gasoline, and even a small amount can be toxic and potentially fatal. Gasoline is a hazardous substance that can cause severe health issues, including poisoning, lung damage, and organ failure. If you or someone else has ingested gasoline, seek medical attention immediately. Never attempt to consume gasoline or any other toxic substances.


When would carrots taste like gasoline?

Carrots should not taste like gasoline under normal circumstances. If carrots have an unusual gasoline-like taste, it may indicate contamination or improper storage causing them to absorb odors or chemicals. It is best to discard any carrots with a strong gasoline taste as they may be unsafe to consume.


How do you use the word to consume in a sentence?

I would like to consume a box of chocolates. ___ Bob felt famished as he waited silently at the dinner table; he should have been concentrating on the prayer, but instead he was mentally preparing to consume his portion of the meal.


What is the word that means reduction of food available for people to consume?

Famine


What is impala?

The impala lives in wide open plains in Africa, in herds of near a hundred. They consume grass and leaves, or what is readily available. These animals move frequently, and consume what is available in the area they are inhabiting at the time.


How many liters per hour of gasoline does an outboard motor consume?

Depends on the size of the engine. 300 HP = 80 L an hour


Can a car be run on oxygen?

Internal combustion engines, which are what most cars have, do consume oxygen as well as gasoline. In that sense, cars already run on oxygen.


Human currently consume nearly of the food available?

one-half just had this question on a test


Do bears like beer?

Bears are not naturally attracted to beer, but they may consume it if it is available and can be harmful to them.