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Demand for gasoline on monday increase or decrease

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Mary drives past the same gas station every day. She realizes that the gas station always changes its prices on Tuesdays but keeps the price steady the rest of the week. On Saturday, Mary turns on the news and hears a report projecting that the price of gasoline is going to Mary drives past the same gas station every day. She realizes that the gas station always changes its prices on Tuesdays but keeps the price steady the rest of the week. On Saturday, Mary turns on the news and hears a report projecting that the price of gasoline is going to decrease. Holding all else constant, would Mary's demand for gasoline on Monday increase or decrease. Holding all else constant, would Mary's demand for gasoline on Monday increase or decrease?

Reference no: EM132519390

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