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Given the law of​ demand, you would expect the rise in the price of gasoline to​ ______ the quantity of gasoline demanded and​ ______ the demand for gasoline.A. ​decrease; decreaseB. not​ change; decreaseC. decrease; not changeD. increase; decrease

Respuesta :

Answer:

C. decrease; not change

Explanation:

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

The rise in price of gasoline only affects the quantity demanded. Other factors affect the demand for gasoline.

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