​A Gas Station Opened Up on the Highway in a Patch

question 54

Multiple Choice

​A gas station opened up on the highway in a patch where there are no gas stations close by.It is more likely to be able to set higher prices because

• A)​the demand for its product is more inelastic due to an unavailability of substitutes
• B)the demand for its product is more elastic due to an unavailability of substitutes
• C)the demand for its product is more inelastic due to an availability of substitutes
• D)​the demand for its product is more elastic due to an availability of substitutes

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Definitions:

Gender-typing

The process by which a child becomes aware of their gender and thus behaves accordingly by adopting values and attributes of members of the sex they identify with.

Gender Stereotypes

Preconceived generalizations about male or female role behavior.

Sexism Schema

A cognitive structure that includes attitudes, beliefs, and expectations regarding gender roles and stereotypes.

Androgynous

A term describing a person or characteristic that blends or does not conform to typical masculine or feminine traits, often in relation to appearance or behavior.