The Prices of Certain Goods, Such as Ice and Gasoline

question 64

Multiple Choice

The prices of certain goods, such as ice and gasoline, often increase after a natural disaster such as a hurricane. The economic explanation for this observation is that

• A) people panic in disaster situations.
• B) disasters bring out the worst in people.
• C) the disaster temporarily reduces the supply of the goods and increases the demand for the goods.
• D) the disaster temporarily reduces the supply of the goods and reduces the demand for the goods.

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Definitions:

Normative Constructions

Socially established norms and expectations that guide behavior and understanding within a society.

Sex and Gender

The distinction between sex, a biological categorization based on reproductive physiology, and gender, a social construct related to roles, behaviors, and identities.

Emphasized Femininity

The normative ideal of femininity, based on women’s compliance with their subordination to men.

Prevalent Form

The most common or widespread type or variation of something in a particular area or context.