The only demand that will become high when petrol prices rise is the demand for fuel-efficient cars.
There are many good hings about living in America today, but there can be some bad. Many times, the gasoline prices have risen and the market prices are rising. The economy isn't doing any better, mainly because we have annoying politics.
Although gasoline prices fluctuated and varied in different parts of the country, it was around 1970 when the median price for a gallon was 36 cents.
No. They have been going up little by little for the last 30 years since the 1970's oil crisis. The oil companies and speculators have been pushing prices to the 5.00 a gallon mark. It is finally there even though demand has gone down.
In apex the prices of solar panels made in China would rise
The Price of the gasoline with increase : D
gasoline
consumer preference
It's the contrary, inflation contributes to higher gasoline prices. But not so much as everybody thinks. The major cause for increasing gasoline prices is the resource. Less resource for higher demand, higher prices
People do more traveling in the summer so the demand for gasoline increases. With higher demand, prices increase to compensate. Also, there is higher demand for heating oil in the winter. It is not possible to refine heating oil without also producing gasoline; so there is a surplus of gasoline in the winter, which tends to lower the price.
inelastic demand
Prices generally are the result of the combined effect of supply and demand. Scarcity causes prices to rise, since there is more competition to obtain scarce items, and demand causes prices to rise, since people will be willing to pay more for something they strongly want.
prices stay stable. studddy islannd ! :)
An increase in demand for the company's stock
price effect is the inclination of people to buy less of something at higher price than they would buy at lower prices. a change in demand if the entire line of demand must move or shift.
how much is gas prices
I think the demand increased, causing prices of the machine to increase and quantity purchased to either fall or rise depending on how you look at it