University of Oxford Supply of Gasoline Changes Causing Price of Gasoline to Change MCQ

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The supply of gasoline changes, causing the price of gasoline to change. The resulting
movement from one point to another along the demand curve for gasoline is called
A. a change in demand.
B. a change in quantity demanded.
C. a change in quantity supplied.
D. unit elasticity.
E. a change in average variable cost.

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average variable cost

Price of Gasoline

supply of gasoline

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