Which of the Following Is True About the Demand for Gasoline

question 95

Multiple Choice

Which of the following is true about the demand for gasoline?

• A)it is probably more price elastic in the long run because price will increase by a higher percentage.
• B)it is probably more price elastic in the long run because it is easier to find substitutes for gasoline in the long run.
• C)it is probably more price elastic in the short run because price will increase by a higher percentage.
• D)it is probably more price elastic in the short run because it is easier to find substitutes for gasoline in the short run.

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A leadership style that inspires positive changes in those who follow, by focusing on collaboration, communication, and an emphasis on achieving significant transformations.

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A management approach involving staff members in decision-making processes and treating everyone's opinion as valuable.

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A leadership approach that inspires and motivates followers to exceed expectations by focusing on higher ideals and moral values.