Which of the Following Statements Is TRUE

question 50

Multiple Choice

Which of the following statements is TRUE?

• A) When the price of oil is high, consumers will use oil only for its most valuable uses.
• B) When the price of oil is low, consumers will use oil for both valuable and less valuable uses.
• C) When the price of oil rises, consumers tend to use oil for uses (for example, transportation) in which there are few substitutes for oil.
• D) All of these statements are correct.

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Definitions:

Direct Format

A straightforward and clear way of organizing information, often used in writing and communication, where the main point is presented first followed by supporting details.

Consensus

General agreement or collective opinion among a group of people.

Supporting Points

Arguments or evidence provided to reinforce the main idea or thesis in a piece of writing or speech.

Scope

The extent or range of an activity, project, or subject matter.