Which of the Following Events Could Shift the Demand Curve

question 85

Multiple Choice

Which of the following events could shift the demand curve for gasoline to the left?

• A)The income of gasoline buyers rises,and gasoline is a normal good.
• B)The income of gasoline buyers falls,and gasoline is an inferior good.
• C)Public service announcements run on television encourage people to walk or ride bicycles instead of driving cars.
• D)The price of gasoline rises.

Understand the concepts of financial leverage and how it affects a firm's capital structure.

Comprehend the principles of financial statements preparation and their interconnections.

Differentiate between book values and market values and understand their significance to financial managers.

Understand the principles of taxation and their impact on business decisions and financial performance.

---

Definitions:

Adjacent Angle

Adjacent angles are two angles that have a common vertex and a common side but do not overlap, often found in geometric shapes and figures.

Hypotenuse

The side facing the right angle in a right-angled triangle, known for being the longest.

°

A symbol used to denote degrees in measures of angles, temperature, or quality.

Pythagorean Theorem

A theorem that states that the square of the sides of a right triangle are equal to the square of the hypotenuse.