Using the Law of Demand,what Would Generally Happen If the Price

question 28

Multiple Choice

Using the law of demand,what would generally happen if the price of gasoline were to rise to $7.00 per gallon?

• A) The quantity demanded would increase.
• B) There would be no effect on demand.
• C) The quantity demanded would decrease.
• D) Automakers would increase production.

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Definitions:

Complementary Strand

A nucleic acid strand that forms a sequence match according to the base pairing rules with another strand.

Base Sequence

The order of nucleotide bases in a DNA or RNA molecule that encodes genetic information.

Uracil

A nitrogenous base found in RNA that pairs with adenine during RNA synthesis.

Nucleotide Bases

The building blocks of DNA and RNA molecules, consisting of adenine (A), cytosine (C), guanine (G), thymine (T), and uracil (U, in RNA).