Which of the Following Will Cause the Demand Curve for Gasoline

question 7

Multiple Choice

Which of the following will cause the demand curve for gasoline to shift leftward?

• A)a decrease in the price of gasoline
• B)an increase in the price of gasoline
• C)a leftward shift of the supply of gasoline
• D)a rightward shift of the supply of cars
• E)a decrease in the price of bicycles

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Definitions:

Selection Differences

Differences in the type of subjects who make up each group in an experimental design; this situation occurs whenparticipants elect which groupthey are to be assigned to.

Independent Variable

In experimental research, the factor that is altered by the scientist to observe how it affects a dependent variable.

Dependent Variable

A variable in an experiment that is expected to change in response to manipulations of the independent variable.

Regression Toward the Mean

The phenomenon that extreme scores or outcomes are likely to be followed by less extreme ones, moving closer to the average.