Oil Filters Should Be Installed Using

question 163

Multiple Choice

Oil filters should be installed using:

• A) an oil filter wrench.
• B) a flare nut wrench.
• C) your hand.
• D) arc joint pliers.

---

Definitions:

Surplus

The amount by which the quantity supplied of a product exceeds the quantity demanded at a specific (above-equilibrium) price.

Consumer Surplus

The gap between what consumers are prepared and capable of paying for a product or service and the actual amount they end up paying.

Willing to Pay

The maximum amount a consumer is prepared to spend to purchase a good or service.

Actual Price

The price at which goods or services are sold in the market, often influenced by supply and demand.