Every Spring, Motorists Do More Driving Than During the Winter

question 201

Multiple Choice

Every spring, motorists do more driving than during the winter months. Every spring, the price of gasoline increases and the motorists buy more gasoline. This experience suggests that the

• A) laws of supply and demand are both contradicted for gasoline, though only during the spring driving season.
• B) "law of demand" does not always hold for necessities like gasoline.
• C) "law of supply" does not always hold for necessities like gasoline.
• D) None of the above answers are correct.

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Definitions:

Ketones

Organic compounds characterized by a carbonyl group attached to two carbon atoms, produced by the liver during the breakdown of fats for energy.

Diabetes Mellitus

A chronic condition characterized by high blood sugar levels due to the body's inability to produce enough insulin or effectively use it.

Starvation

A severe deficiency in caloric energy intake, below the level needed to maintain an organism's life.

Carbohydrates

Organic compounds made of carbon, hydrogen, and oxygen atoms, serving as a major energy source and part of the structural components of cells.