D Question 31 What effect should each of the following have on the demand for gasoline in a competitive market? State what happens to demand. Explain your reasoning in each case and relate it to a demand determinant lal an increase in the number of cars (b) the economy moves into a recession c) an increase in the price of car insurance, taxes, maintenance id) consumer expectations of substantial price increases in gasoline Edit View Insert Format Took Table 12Paragraph BIU 1 30 pts