A shift in the supply curve for gasoline in the United States would result if

A) magnet-lift trains,that were capable of going 300-miles-per-hour,were built connecting all major cities in the AmericA.
B) the price of gasoline decreased.
C) a new method for drilling through rock opened up vast new oil reserves in Wyoming.
D) electric cars became inexpensive and popular.

Question

Andrew Conrad · Accepted Answer

Final Answer : C, Explanation :  Option A is unrelated to the supply curve of gasoline. Option B refers to a change in demand, not supply. Option D would affect demand for gasoline, but not the supply of gasoline itself. Option C would result in an increase in the supply of gasoline, shifting the supply curve to the right.

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