According to a New York Times Article Published in November

question 99

Multiple Choice

According to a New York Times article published in November 2005,author Anna Bernasek asserts that a 10 percent increase in the price of gasoline leads to a decline in the quantity demanded of about

• A) 0.01 percent.
• B) 2 percent.
• C) 20 percent.
• D) 200 percent.