what will happen to the supply of gasoline if the price of the car rises

what will happen to the supply of gasoline if the price of the car rises

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Answer

• It will cause a decrease in supply of gasoline
  Explanation:
  Car and gasoline are complements, which are consumed together. If the price of car rises, according to the law of demand and supply, the quantity demanded for cars will decrease. This implies that less people will demand gasoline as well, and this decrease in demand for gasoline will cause a downward pressure on the price of gasoline which in turn causes decrease in the supply.