The Price of a Gallon of Gasoline Increases 10% This

question 141

Multiple Choice

The price of a gallon of gasoline increases 10% this year.As a result,which event is MOST likely to occur?

• A)More people will drive their cars.
• B)Public transportation usage will decrease.
• C)Gasoline expenditures will increase if gasoline is an inelastic good.
• D)Fewer people will ride bicycles,a substitute for car travel.

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Definitions:

Quantitative Research

A data-collection process that focuses on a numerical analysis of people’s responses or specific characteristics.

Face-To-Face Interviews

A method of data collection where the interviewer and respondent interact directly in person.

Nonprobability Sample

A sampling method where not all members of a population have an equal chance of participating in the study, often leading to bias.

Field Researchers

Professionals who conduct research outside of a laboratory setting, gathering data directly from natural or real-world environments.