Because of a Sharp Increase in the Price of Fuel,the

question 1

Multiple Choice

Because of a sharp increase in the price of fuel,the demand for Sports Utility vehicles (SUVs) has decreased.So,the high price of fuel leads to a

• A)leftward shift of the supply curve of SUVs and no shift in the demand curve for SUVs.
• B)leftward shift of the demand curve for SUVs and the supply curve of SUVs.
• C)leftward shift of the demand curve for SUVs and no shift in the supply curve of SUVs.
• D)rightward shift of the supply curve of SUVs and no shift in the demand curve for SUVs.
• E)leftward shift of the demand curve for SUVs and a rightward shift of the supply curve of SUVs.

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