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Homework answers / question archive / Which of the following events could shift the demand curve for gasoline to the left? a

Which of the following events could shift the demand curve for gasoline to the left? a

Economics

Which of the following events could shift the demand curve for gasoline to the left?

a. Income of gasoline buyers rises, and gasoline is a normal good.

b. Income of gasoline buyers falls, and gasoline is an inferior good.

c. Public service announcements are run on television, encouraging people to walk or ride bicycles instead of driving cars.

d. The price of gasoline rises.

Option 1

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