Which of the Following Would Most Likely Increase the Demand

question 329

Multiple Choice

Which of the following would most likely increase the demand for gasoline?

• A) the expectation by consumers that gasoline prices will be higher in the future
• B) the expectation by consumers that gasoline prices will be lower in the future
• C) a widespread shift in car ownership from SUVs to hybrid sedans
• D) a decrease in the price of public transportation

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Definitions:

Individuals And Teams

Refers to the distinction between single persons and groups of people working together towards common goals.

Positive Organizational Behavior

The strengths, virtues, vitality, and resilience of individuals and organizations.

Customer Service

The support offered by companies to their customers through various communication channels, before, during, and after purchasing a product or service.

High-involvement Management

A managerial approach that focuses on engaging employees in decision-making processes, thereby increasing their commitment and productivity.