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last month, a gallon of gas cost $3.50. this month, a gallon of gas cos…

Question

last month, a gallon of gas cost $3.50. this month, a gallon of gas costs $3.25. what will probably happen to the quantity of gas demanded? it will probably go up. it will probably go down. submit

Explanation:

Brief Explanations

According to the law of demand in economics, when the price of a good (gas, in this case) decreases (from $3.50 to $3.25 per gallon), assuming other factors remain constant, the quantity demanded of that good typically increases as consumers are more willing and able to buy it at a lower price.

Answer:

It will probably go up.