-The Table Above Shows the Situation in the Gasoline Market

question 146

Multiple Choice

-The table above shows the situation in the gasoline market in Tulsa,Oklahoma.If the price of a gallon of gasoline is $3.65,then

• A) there is a surplus of gasoline in Tulsa.
• B) there is a shortage of gasoline in Tulsa.
• C) the gasoline market in Tulsa is in equilibrium.
• D) Without more information we cannot determine if there is a surplus, a shortage, or an equilibrium in the gasoline market in Tulsa.
• E) There is neither a surplus nor a shortage, but the market is NOT in equilibrium.

---

Definitions:

Temperature Extremes

Conditions where the environment experiences very high or very low temperatures, beyond the normal range most organisms can comfortably survive in.

Application Blanks

Standardized forms used by employers for job applicants to fill out, providing comprehensive personal and professional information.

Split Shifts

A work schedule that divides an employee's workday into two or more segments with a break in between, typically unpaid.

Educational Achievements

The accomplishments or credentials obtained through formal schooling or training programs, such as degrees, diplomas, or certificates.