Gasoline,a Derivative of Oil,is a Large Part of Transportation Costs

question 53

Multiple Choice

Gasoline,a derivative of oil,is a large part of transportation costs for many producers.If the price of oil increases at the same time that incomes fall for many consumers,one would expect the equilibrium price of many normal goods to _____,while their equilibrium quantities would _____.

• A)fall;rise
• B)fall,rise,or stay the same;decrease
• C)decrease;fall,rise,or stay the same
• D)fall;fall

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Definitions:

Americans With Disabilities Act (ADA)

U.S. legislation passed in 1990 that prohibits discrimination against individuals with disabilities in all areas of public life, including jobs, schools, transportation, and all public and private places open to the general public.

Undue Hardship

A situation where accommodations for an individual would result in significant difficulty or expense for an employer, beyond what is deemed reasonable.

Equitably

In a way that is fair and impartial, ensuring just treatment and opportunities for all individuals involved.

Prison Inmates

Individuals incarcerated in a prison or jail serving time for crimes they have been convicted of.