Because of a Sharp Increase in the Price of Petrol

question 56

Multiple Choice

Because of a sharp increase in the price of petrol, the demand for Sports Utility vehicles (SUVs) has decreased. So, the high price of petrol leads to a

• A) leftward shift of the supply curve of SUVs and no shift in the demand curve for SUVs.
• B) rightward shift of the supply curve of SUVs and no shift in the demand curve for SUVs.
• C) leftward shift of the demand curve for SUVs and the supply curve of SUVs.
• D) leftward shift of the demand curve for SUVs and no shift in the supply curve of SUVs.
• E) leftward shift of the demand curve for SUVs and a rightward shift of the supply curve of SUVs.

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Definitions:

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, a comprehensive classification system for mental disorders published by the American Psychiatric Association.

Binge-Eating Disorder

A serious eating disorder characterized by frequent episodes of excessive food intake accompanied by a sense of loss of control and feelings of shame or guilt.

Bulimia Nervosa

A serious eating disorder marked by binging, followed by methods to avoid weight gain.

Body Image

An individual's perception and feelings about their own body's appearance and physical capabilities.