Gasoline prices in the United States decreased significantly between 2008 and 2009. A decrease in the price of gasoline, holding other things constant, will cause which of the following to occur?
A) increase the demand for gasoline.
B) decrease the demand for gasoline.
C) increase the quantity of gasoline demanded.
D) decrease the quantity of gasoline demanded.
C
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When thinking about the economic actions of groups of people, firms, and society, it is reasonable to analyze them with the tools of economic analysis. Discuss
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