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

the price of gasoline will decrease


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

The demand for gasoline will decrease. The price of gasoline will decrease. The supply of gasoline will increase. The price of gasoline will increase.


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.


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

No, that is not true


Give detailed example of monopolistic competition in pakistn?

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


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


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.


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.