Answer:
Option (c) is correct.
Explanation:
Law of demand states that other things remains the same if there is an increase in the price of a good then as a result the quantity demanded for that good decreases and on the other hand, if there is a fall in the price of a good then as a result the quantity demanded for that good increases.
In our case, if there is a fall in the price of gasoline then as a result the quantity demanded for gasoline increases. There is a negative relationship between the price of the good and quantity demanded.
