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

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Definitions:

Nuclear Family

A family group consisting of two parents and their children (biological or adopted), considered the basic unit of society.

Feral

Animals or plants that have returned to a wild state after being domesticated or cultivated.

Teknonymy

A form of naming convention wherein parents are referred to by the names of their children.

Honorific

A title or word implying or expressing high status, politeness, or respect.