If There Is a Shortage in the Market for Automobiles

question 12

Multiple Choice

If there is a shortage in the market for automobiles, then

• A)producers' inventories will rise
• B)the price should begin to rise
• C)the demand curve will shift to restore equilibrium in the market
• D)the supply curve will shift to restore equilibrium in the market
• E)the price is expected to fall

Recognize how resources can be utilized as power in negotiations.

Grasp the strategic use of power tactics to influence outcomes.

Acknowledge the effect of culture and structural factors on power.

Understand expert power and its basis on knowledge and information.

---

Definitions:

Log Cabin

A small house built from logs, often associated with the American frontier and pioneer life.

William Henry Harrison

The ninth President of the United States, whose term in 1841 was the shortest in U.S. presidential history, dying just one month after taking office.

Public Sphere

An area in social life where individuals can come together to freely discuss and identify societal problems, and through that discussion influence political action.

1830s and 1840s

A period marked by significant social, political, and technological changes worldwide, including movements for reform and the expansion of the Industrial Revolution.