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OLEGan [10]
3 years ago
9

Even the demand for a necessity such as gasoline will respond to a change in price, especially over a longer time horizon. a. TR

UE b. FALSE
Chemistry
1 answer:
Aleks [24]3 years ago
5 0

Answer:

True

Explanation:

The demand and supply of goods and services especially those that are necessities will be influenced by a slight change in price. This is due to the effects of elasticity of demand and supply. Therefore, for the given example (i.e. gasoline), if there is a price change over a considerable period of time, the demand for gasoline will change.

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