The Underlying Reason Why the Expected Future Price of Gasoline

question 61

Multiple Choice

The underlying reason why the expected future price of gasoline plays an important role in the current price of gasoline is because

• A)along the supply chain firms want to hold onto gasoline when they think the price is about to rise and sell it quickly when they think the price is about to fall.
• B)the market is overly regulated.
• C)the market is governed by two major players.
• D)the government is in complete control of the energy market.

---

Definitions:

Manage Team

The practice of overseeing a group of individuals, guiding them towards achieving shared goals, and ensuring effective cooperation and productivity.

Incremental Tasks

Small, manageable actions or objectives that contribute step-by-step towards the completion of a larger project or goal.

Project Manager

A professional responsible for planning, executing, and completing a project, as well as managing its scope, resources, and team.

SUV

Sport Utility Vehicle; a vehicle classification that combines elements of road-going passenger cars with features from off-road vehicles.