Use the Following to Answer Questions

question 186

Multiple Choice

Use the following to answer questions :
Figure: Shifts in Demand and Supply IV
-(Figure: Shifts in Demand and Supply IV) Look at the figure Shifts in Demand and Supply IV. The figure shows how supply and demand might shift in response to specific events. Suppose oil becomes more expensive. Which panel BEST describes how this will affect the market for gasoline, which is made from oil?

• A)panel A
• B)panel B
• C)panel C
• D)panel D

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Definitions:

Configurational Information

Describes the spatial arrangement of atoms within a molecule that cannot be interconverted without breaking chemical bonds.

Cyclohexanecarbaldehyde

An organic compound consisting of a cyclohexane ring attached to a formyl group (aldehyde), C6H11CHO.

Chemotherapeutic

Relating to the treatment of disease, specifically cancer, by chemical substances or drugs.

Taxol

A complex diterpene alkaloid used as a chemotherapeutic agent, derived from the bark of the Pacific yew tree, Taxus brevifolia.