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Explain the product of gasoline (used for transportation) and the demand and supply factors that affect its market price

Posted: Fri Jul 01, 2022 7:55 am
by answerhappygod
Explain the product of gasoline (used for transportation) andthe demand and supply factors that affect its market price inlocalized U.S. markets. Considermovement in input prices, taxes, distribution and marketing costs.Include a discussion of demand and supply elasticities.
Just need a short paragraph on this (4-5 sentences) for a shortanswer/discussion question. Mostly having trouble with this part:"Consider movement in input prices, taxes, distribution andmarketing costs" but would appreciate help with all of it, thankyou!