Reading 1/1:
3) "Mr. Nelson's office declared victory. Economists wept." - You can infer that A. Economists thought the plan would help undercut the price.
12345678
B. Economists disagreed with Mr. Nelson.C. Economists totally agreed with Mr. Nelson's decision.
D. Economists thought the decision was rational.
4) Which of the following statements is NOT true about price hikes?
A. Price hikes reduce the pressure on supplies.
B. Price hikes help raise public awareness about scarcity.
Price hikes make it more difficult for people to recover from disasters.
D. Price hikes encourage supplies to be moved to places that have higher demand.
5) Artificially low prices...
A. reduce both demand and supply.
Next Question
make customers stock more than they need..
Next Reading
Exit 1
help balance demand and supply D. limit artificial shortages.
6) What does "price-gouging" mean?
increasing prices for essential goods and services
ABCD
restraining prices during natural disasters
suppressing prices
D. creating artificially low prices
7) The example of gasoline sold during a storm shows that
TABCD
sometimes water is more expensive than petrol.the government can fix prices without problems.
higher prices encourage people to use less.renewable energy is better than gasoline.
According to the last paragraph, what is the author's view on price increases during natural disasters?
Price increases have no impact on natural disasters and are therefore irrelevant.
ABC
Price increases are necessary to encourage people to cope with natural disasters in a creative way.ha armhlamatia far anuman and should make haunad in mutuuma aman
Drina ina
