Which of the Following Increases the Supply of Gasoline

question 260

Multiple Choice

Which of the following increases the supply of gasoline?

• A) a situation where the quantity of gasoline demanded exceeds the quantity supplied
• B) an increase in the price of gasoline
• C) a decrease in the price of a resource used to produce gasoline, such as crude oil
• D) a decrease in the demand for gas-guzzling, sport utility vehicles
• E) an increase in income if gas-guzzling, sport utility vehicles are a normal good

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Definitions:

Special Instructions

Specific directions or orders given in particular situations to guide actions or procedures.

Memory Processes

The mechanisms by which information is encoded, stored, and retrieved in the brain, facilitating learning and remembering.

Control Group

In experimental research, a group of subjects that is not exposed to the treatment being tested, serving as a benchmark to measure the effects of that treatment.

Dependent Variable

The variable in an experiment that is measured or tested by the researcher to see if it is affected by changes in another variable (the independent variable).