Which of the Following Would Cause an Increase in the Price

question 86

Multiple Choice

Which of the following would cause an increase in the price of gasoline and an expansion in the equilibrium quantity?

• A) an increase in the price of crude oil, a key ingredient required for the production of gasoline
• B) the introduction of a miracle carburetor that substantially improves the gas mileage of automobiles
• C) a recession that substantially reduces the income of households
• D) an increase in the popularity and use of Sport Utility Vehicles that consume a lot of gasoline per mile driven

Assess the impact of financial restructuring on earnings per share and firm value.

Understand and calculate the degree of financial leverage (DFL) and its implications for firm risk.

Understand the concept of market segmentation and its various bases (demographic, geographic, psychographic, end-use).

Identify the different types of marketing strategies (organization marketing, place marketing, cause marketing, idea marketing, mass customization, standardization).

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Definitions:

LGBT Family

A family unit that includes members who identify as lesbian, gay, bisexual, or transgender.

Gender Identities

The various ways in which people identify themselves in relation to the concept of gender, beyond the binary norms of male and female.

Heterosexual Families

Families in which the adults in a parenting role are of different sexes, traditionally recognized as a male-female couple.

Blended Family

A family unit where one or both partners have children from previous relationships, blending families together.