Economics: Principles, Problems, and Policies, 19th Edition

Published by McGraw-Hill Education
ISBN 10: 0073511447
ISBN 13: 978-0-07351-144-3

Chapter 3 - Demand, Supply, and Market Equilibrium - Questions: 3e

Answer

The demand would increase.

Work Step by Step

The demand would increase because gasoline is a complementary good to the small cars. Hence, when the complement's price decreases, the demand of the good increases.
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