If a Decrease in the Price of Gasoline Increases the Demand

question 125

Multiple Choice

If a decrease in the price of gasoline increases the demand for large cars, then

• A) gasoline and large cars are complements in consumption.
• B) large cars are an inferior good.
• C) gasoline is an inferior good.
• D) gasoline and large cars are substitutes in consumption.

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Definitions:

Diplopia

A medical condition also known as double vision, where a single object is perceived as two overlapping images.

Glucose

A simple sugar that is an important energy source in living organisms and a component of many carbohydrates.

Vitamin C

Vitamin C is an essential nutrient and antioxidant that the body needs for the growth and repair of tissues, immune system function, and the absorption of iron from food sources.

Vitamin D

A fat-soluble vitamin that is essential for maintaining the health of bones and teeth, supporting immune system function, and influencing mood and heart health.