Multiple choice

What happens to gas prices around the holidays when lots of people travel?

  1. Increase

  2. Decrease

  3. Stays the Same

  4. Gas Isn't Sold

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

When holiday travel increases, the demand for gasoline rises significantly. According to the law of demand, when demand increases and supply remains relatively constant, prices will rise.