Use the Figure Below to Answer the Following Questions

question 95

Multiple Choice

Use the figure below to answer the following questions.
Figure 2.2.1
-In Figure 2.2.1, the curve labelled B shows

• A)the number of scooters that people must forgo to obtain another bicycle.
• B)that the benefit from producing more bicycles is greater than the benefit from producing more scooters.
• C)the number of bicycles that people are willing to forgo to obtain another scooter.
• D)that the benefit from producing more scooters is greater than the benefit from producing more bicycles.
• E)the number of scooters that people are willing to forgo to obtain another bicycle.

---

Definitions:

Chevron

An American multinational energy corporation, one of the world's leading integrated energy companies, involved in every aspect of the oil and gas industry.

John D. Rockefeller

An American industrialist and philanthropist who was a co-founder of the Standard Oil Company and became one of the world's wealthiest individuals.

Oil Trust

Historical term referring to monopolies or near-monopolies in the oil industry, specifically in the United States during the late 19th and early 20th centuries.

Airline Deregulation Act

A United States federal law passed in 1978 that removed governmental control over fares, routes, and market entry of new airlines, significantly reducing barriers to entry in the airline industry.