Assume There Is a Reduction in the Shipments of Petroleum

question 69

Multiple Choice

Assume there is a reduction in the shipments of petroleum products due to political tension in the Persian Gulf.In a market economy,which consumers would get the reduced supplies of gas?

• A)The consumers who value gasoline the most and are able to pay for it.
• B)Wealthy consumers.
• C)Lower income consumers.
• D)Who gets the gasoline would be a random process. Those who arrive at the service station first will get the gasoline, regardless what its price is.

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Definitions:

Media

The means of communication, such as radio, television, newspapers, the internet, and magazines, that reach or influence people widely, affecting many aspects of society and culture.

Effects

Results or effects that arise due to a particular cause or action.

Baby Signing

The use of manual signing allowing babies and toddlers to communicate emotions, desires, and objects prior to spoken language development.

Language Development

The process by which individuals acquire the ability to perceive, produce, and use words to communicate.