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below. This is due by SUNDAY 4/24/2022 by 9pm EST!! NO EXCEPTIONS!

This Discussion question: Gas was selling for $3.95/Gallon on Labor Day Weekend of 2012. At election time (November 2012), the price was $3.15/Gallon. Now, it is selling at $1.75/Gallon. What causes increases and decreases in the price of gasoline? Use Supply and Demand curves to illustrate your arguments. Reading text chapter 3 will be helpful in discussing this question You are required to respond with a minimum of 150 words for your initial response.