Help please! When gas prices go up, demand goes down slightly, but supply goes up dramatically. Using all of your critical thinking skills, develop a theory as to why this might be.

Explanation:

macroeconomics

law of supply and demand

decrease in demand causes excess supply to develop at

the initial price

in an extreme example  

a luxury item has a very low demand but very high price

supply would increase because the company wants more profit

not just from the company's competitors entering the market

gas prices are a function of market supply and demand. Increases in natural gas supply generally result in lower natural gas prices, and decreases in supply tend to lead to higher prices. Increases in demand generally lead to higher prices, and decreases in demand tend to lead to lower prices

eia

the first settlements began along the huang river because of the importance of the huang river in the beginning of china. it goes back to the story, “the tale of emperor yu”, which references the tale of the great flood, which was caused by the huang river and was believed to create and influence china’s making.

well, paralell is parallel. i am providing links to .

hope this !

a series circuit is one with all the loads in a row. there is only one path for the electricity to flow. if this circuit was a string of light bulbs, and one blew out, the remaining bulbs would turn off.

unlike in series circuits, a charge in a parallel circuit encounters a single voltage drop during its path through the external circuit. the current through a given branch can be predicted using the ohm's law equation and the voltage drop across the resistor and the resistance of the resistor.

a parallel circuit has certain characteristics and basic rules: a parallel circuit has two or more paths for current to flow through. voltage is the same across each component of the parallel circuit.