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  1. Effect of an Increase in Price of Gasoline Fuel on Demand and Supply Presented by: http://homeworkwritinghelp.com/

  2. Effect of an Increase in Price • Increase in demand for alternative fuels. • Gasoline fuel and alternative fuels are substitute’s goods. • Purchasing one good means the consumer will have no need to buy another product. http://homeworkwritinghelp.com/

  3. Effect of an Increase in Price • Increase in demand and supply for public transport. • Public transport will become cheaper. • Increase in demand and supply for hybrid cars. http://homeworkwritinghelp.com/

  4. Effect of an Increase in Price • Decrease in demand for SUVs. • SUVs and gasoline fuel are complementary goods • SUVs can not operate without gasoline fuel. • Decrease in demand for oil. • Decrease in supply of oil in the market. http://homeworkwritinghelp.com/

  5. For more information on Effect of an Increase in Price of Gasoline Fuel on Demand and Supply visit http://homeworkwritinghelp.com/

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