Consider the Following Statements

question 141

Multiple Choice

Consider the following statements:
A.Car owners purchase more gasoline from a gas station that sells gasoline at a lower price than other rival gas stations in the area.
B.Banks do not take steps to increase security since they believe it is less costly to allow some bank robberies than to install expensive security monitoring equipment.
C.Firms produce more of a particular DVD when its selling price rises.
Which of the above statements demonstrates that economic agents respond to incentives?

• A)a only
• B)b only
• C)c only
• D)a and b
• E)a, b, and c

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Definitions:

Grammatical Errors

Grammatical errors are mistakes in the use of a language's grammar, leading to incorrect constructions, punctuation, or sentence structure in written or spoken communication.

Subject and Predicate

The two main parts of a sentence, where the subject is what or whom the sentence is about, and the predicate contains the verb and provides information about the subject.

Active Voice

A sentence structure where the subject performs the action of the verb directly, making the communication clearer and more direct.

Hedging Sentence

A type of statement that introduces uncertainty or lessens the impact of an assertion, often used to mitigate risk in communication.