If the price of gasoline is relatively high for a long time, consumers are more likely to buy fuel-efficient cars or switch to alternatives like public transportation. therefore, the demand for gasoline

More elastic

Explanation:

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The elasticity of demand measures the degree of responsiveness of quantity demanded to changes in price.

Demand is elastic when a change in price has a greater effect on the quantity demanded.

In the above question, a rise in price of gasoline would lead to a decrease in its demand, this indicates that the demand for gasoline is elastic.

I hope my answer helps you.

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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