Which of the Following Would Shift the Demand Curve for Gasoline

question 148

Multiple Choice

Which of the following would shift the demand curve for gasoline to the right?

• A)a decrease in the price of gasoline
• B)an increase in consumer income,assuming gasoline is a normal good
• C)an increase in the price of cars,a complement for gasoline
• D)a decrease in the expected future price of gasoline

Recognize the criteria for measuring objectives in quantitative terms in decision-making.

Distinguish between objectives, constraints, and opportunity costs in conflict resolution during decision-making.

Identify the characteristics of relevant information, including the impact on future costs or revenues and the importance of timeliness.

Recognize the distinction between qualitative and quantitative aspects in decision problems involving accounting data.

---

Definitions:

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus.

Involuntary Responses

Reflex actions or responses that occur automatically without conscious decision, such as blinking or sneezing.

Rooting Reflex

An automatic response seen in newborn babies, who turn their face toward a touch on their cheek and open their mouth to "root" for a nipple.

Palmar Reflex

An involuntary response observed in infants, where the hand closes into a fist when the palm is touched, typically disappearing by 5-6 months of age.