Which of the Following Would Most Likely Increase the Demand

question 50

Multiple Choice

Which of the following would most likely increase the demand for gasoline?

• A) The expectation by consumers that gasoline prices will be higher in the future.
• B) The expectation by consumers that gasoline prices will be lower in the future.
• C) A widespread shift in car ownership from SUVs to hybrid sedans.
• D) A decrease in the price of public transportation.

---

Definitions:

UPA

Uniform Partnership Act, which governs the operation of partnerships within the United States.

Legal Entity

A legal entity is any company or organization that has legal rights and responsibilities, including the ability to enter into contracts, sue, and be sued.

Unlimited Liability

A legal obligation where an individual's responsibility for debts extends beyond what was invested into a business, potentially affecting personal assets.

Entire Estate

All the assets, properties, and interests owned by an individual at the time of their death.