The Last Time Gas Prices Increased Drastically, Sales of Large

question 16

Multiple Choice

The last time gas prices increased drastically, sales of large Sport Utility Vehicles (SUVs) fell. Why?

• A)Higher gas prices lowered the benefit of driving an SUV.
• B)Higher gas prices increased the benefit of driving an SUV.
• C)Higher gas prices increased the cost of driving a SUV.
• D)Higher gas prices lowered the cost of driving a SUV.

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Definitions:

Values

Core beliefs or principles that guide and motivate attitudes and actions in individuals and organizations.

Norms

The informal understandings that govern the behaviors of members of a society or group, often guiding acceptable and expected actions.

Knowledge Management

The process of capturing, developing, sharing, and effectively using organizational knowledge.

Capturing

Involves the process of obtaining and securing something of interest or value, often used in contexts like data capture or wildlife conservation.