The price of a gallon of gas increases unexpectedly by $4 per gallon. Because Tracey's gas warning light is on, in the _____ run, she has to pay the higher gas price. However, in the ____ run, she will be able to make car-pooling arrangements with a friend.
A) long; short
B) long; long.
C) short; long
D) short; short

Question

Quizplus · Accepted Answer

In the short run, Tracey has no choice but to pay the higher price due to immediate necessity. In the long run, she can adjust her behavior, such as by carpooling, to mitigate the impact of the price increase.

The Price of a Gallon of Gas Increases Unexpectedly by $4