What will happen in the gasoline market if oil prices rise

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Reference no: EM131004685

1.What will happen in the oil market if suppliers become more optimistic?

A. Oil supply will increase

B. Oil prices will rise

C. Oil supply will decrease

D. Oil demand will increase

2. What will happen in the gasoline market if oil prices rise?

A. Gas supply will increase

B. Gas prices will fall

C. Gas demand will increase

D. Gas prices will rise

3. What will happen in the syrup market if honey prices rise?

A. Prices will fall

B. Demand will increase

C. Supply will decrease

D. Indeterminable

Reference no: EM131004685

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