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Posted: **Fri Jul 01, 2022 7:54 am**

: I Question 10 The Federal Government Announces A New Gasoline Tax Of 1 Per Gallon That Will Be Imposed Tomorrow At Noon 1 (47.34 KiB) Viewed 30 times

: I Question 10 The Federal Government Announces A New Gasoline Tax Of 1 Per Gallon That Will Be Imposed Tomorrow At Noon 2 (26 KiB) Viewed 30 times

I Question 10 The federal government announces a new gasoline tax of $1 per gallon that will be imposed tomorrow at noon. What would predict happening before noon tomorrow? Q OB. An increase in the demand for gasoline and shortages of gasoline OA. An increase in the demand for gasoline and surpluses of gasoline OC. A decrease in the demand for gasoline and surpluses of gasoline OD. A decrease in the demand for gasoline and shortages of gasoline 2.5 pts

Question 11 If there is an improvement in production technology for a good, what would we expect to see? ⒸA. An increase in supply O B. An increase in quantity supplied OC. A decrease in supply O D. A decrease in quantity supplied 2.5 pts Question 12 2.5 pts