Look at the graph above. Which situation could result in a new equilibrium price of $1.80?
(1 point)
Responses
New oil supplies found in the Gulf of Mexico
New oil supplies found in the Gulf of Mexico
A new technology that makes electric cars more affordable
A new technology that makes electric cars more affordable
A war causing a disruption in the supply chain of oil
A war causing a disruption in the supply chain of oil
An increase in the price of automobiles (a complementary good)
1 answer
An increase in the price of automobiles (a complementary good)
1 answer