if the price of automobiles were to increase, then\na. the supply of gasoline would increase.\nb. the…

if the price of automobiles were to increase, then\na. the supply of gasoline would increase.\nb. the quantity demanded of gasoline would decrease.\nc. the demand for gasoline would decrease.\nd. the demand for gasoline would increase.

if the price of automobiles were to increase, then\na. the supply of gasoline would increase.\nb. the quantity demanded of gasoline would decrease.\nc. the demand for gasoline would decrease.\nd. the demand for gasoline would increase.

Answer

Brief Explanations:

Automobiles and gasoline are complementary goods. When the price of automobiles increases, fewer people will buy automobiles. Since gasoline is used with automobiles, the demand for gasoline will decrease as well. Quantity demanded changes due to a change in the price of gasoline itself, not the price of automobiles. Supply is not directly affected by the price of automobiles in this context.

Answer:

C. the demand for gasoline would decrease.