Ceteris Paribus,which of the Following Might Shift the Demand Curve

question 34

Multiple Choice

Ceteris paribus,which of the following might shift the demand curve for gasoline to the left?

• A)the discovery of vast new oil reserves in Alberta
• B)the expectation that gasoline prices will soon rise
• C)an increase in the price of train and air transportation
• D)a large decline in the price of automobiles
• E)the development of a low-cost electric automobile

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Definitions:

Special Product Pattern

Recognizable forms or formulas used to multiply polynomials quickly and efficiently, often simplifying the multiplication process.

Greatest Common Factor

The largest integer that divides two or more given integers without leaving a remainder.

Greatest Common Monomial Factor

The highest monomial that exactly divides each term of a given polynomial without leaving a remainder.

Polynomial

An algebraic expression consisting of variables and coefficients, combined only by addition, subtraction, multiplication, and non-negative integer exponents.