Consider a bp gas station. as a result of an economic recession and decreases in consumer incomes, there will be a:

1 answer:

4 0

<span>During an economic recession when the income of consumers has decreased, the BP station (an all gas stations) will see a leftward shift in the demand curve. This will result in gas stations having to lower their prices. If they don't lower their prices, they will have a glut of gasoline that they can't sell.</span>

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borishaifa [10]

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