Higher Gasoline Prices Have Led to a Decrease in the Demand

question 3

Multiple Choice

Higher gasoline prices have led to a decrease in the demand for large SUVs. Consequently, in the market for SUVs, economists are predicting:

• A) an increase in both the price and quantity of sales.
• B) a decrease in both the price and quantity of sales.
• C) an increase in price and a decrease in the quantity of sales.
• D) a decrease in price and an increase in the quantity of sales.

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Definitions:

Metric Drawing

A type of technical drawing in which dimensions and measurements are expressed in metric units, such as millimeters and meters.

Lettering

The act or process of marking or inscribing with letters, especially in a specific style or font in technical documentation.

Registration Marks

Marks used on materials or components to ensure correct alignment during assembly or in the printing process.

Scale 1:1

A drawing or model scale where one unit in the drawing or model is equal to one unit on the actual object, representing a real-life size.