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Let's look at the price of gasoline. What affects its price and how does that affect...

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General Management

Let's look at the price of gasoline. What affects its price andhow does that affect the sales of this product? If the price wentup or down would that affect demand?

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3.7 Ratings (639 Votes)
What affects the price of Gasoline 1 The price on which the crude oil is being sold by the country which is extracting the crude oil There are very few countries around the globe where oil can be extracted Hence the competition is the one which decides the prices 2 The political    See Answer
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