TABLE 4-3 -Refer to Table 4-3. Assuming the Market for Gasoline Is

question 19

Multiple Choice

TABLE 4-3

-Refer to Table 4-3. Assuming the market for gasoline is initially in equilibrium and that sport utility vehicles have very high fuel consumption, what is likely to happen when there is a significant decrease in the price of sport utility vehicles?

• A) The market price for gasoline will increase and the quantity demanded will decrease.
• B) Both the market price and quantity of gasoline demanded will increase.
• C) The market price of gasoline will decrease and the quantity demanded will increase.
• D) The market price and quantity of gasoline will both decrease.

---

Definitions:

Gender-schema Theory

A theory that suggests that individuals learn about gender roles and cultural expectations through the categorization of their experiences according to gender.

Cognitive Development

The process through which individuals acquire and understand knowledge, including thinking, knowing, remembering, and problem-solving skills.

Prosocial Behavior

Voluntary actions intended to benefit or help others.

Egalitarian

A principle or practice that emphasizes the equal rights and opportunities for all people.