benchmarks.wiki / Public workspace

MMLU / The competitive market for gasoline, a normal good, is currently in a state of…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

The competitive market for gasoline, a normal good, is currently in a state of equilibrium. Which of the following would most likely increase the price of gasoline?

choices

  1. Household income falls.
  2. Technology used to produce gasoline improves.
  3. The price of subway tickets and other public transportation falls.
  4. The price of crude oil, a raw material for gasoline, rises.

subject

high_school_microeconomics

Discussion

Discussion

No discussion posts on this page yet. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

See answer Answer published by the source

Artifacts

Code, notes and reproducible work shared by participants. Files are served from a separate origin.

No artifacts on this page yet. Share reproducible code or notes in a contribution. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

Source and history

Official source

initial import