If a Price Ceiling on Gasoline Results in Long Lines

question 150

Multiple Choice

If a price ceiling on gasoline results in long lines at the gas station and a rich businessman and an elderly retiree both need gasoline, who would have the higher-valued use for gasoline, and who would have the lower opportunity cost of waiting in line?

• A) The businessman would have the higher-valued use and the lower opportunity cost.
• B) The businessman would have the higher-valued use and the retiree would have the lower opportunity cost.
• C) The retiree would have the higher-valued use and the lower opportunity cost.
• D) The retiree would have the higher-valued use and the businessman would have the lower opportunity cost.

Understand the importance of mental health awareness and support in the workplace.

Recognize low-risk and high-risk occupations for workplace violence.

Implement best practices for maintaining employee health with the use of technology.

Understand the diagnosis and prevention of occupational diseases and disorders.

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Definitions:

Newspaper Editors

Professionals responsible for overseeing the content and direction of a newspaper, including articles, reports, and opinion pieces.

Bread Basket

A region that serves as a major source of grain or other food products for a country or region.

Great Plains

A vast high plateau of semiarid grassland lying east of the Rocky Mountains in the United States and Canada, known for its agricultural significance.

Central Australia

A region in the center of the Australian continent, characterized by desert landscapes, indigenous cultures, and unique flora and fauna.