If the Price of Gasoline Rises at the Exxon Gas

question 109

Multiple Choice

If the price of gasoline rises at the Exxon gas station at a busy intersection,the Mobil station at the same intersection will experience

• A)an outward shift of the demand curve it faces
• B)an inward shift of the demand curve it faces
• C)a rightward movement along the same demand curve it faces
• D)a leftward movement along the same demand curve it faces
• E)neither a shift in nor a movement along the demand curve it faces

---

Definitions:

Glass Bottle

A container made of glass used for storing drinks, condiments, or other liquids, appreciated for its ability to preserve flavor and prevent contamination.

Duty To Warn

The legal obligation to inform others of a known danger or risk to prevent harm.

High Blood Pressure

A medical condition in which the force of the blood against the artery walls is too high, often leading to health problems.

Over-The-Counter Drug

Medications that are legally sold directly to consumers without a prescription from a healthcare professional.