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In December 2014, the Average Price of Gasoline in the United

question 13

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In December 2014, the average price of gasoline in the United States was $2.50 per gallon and consumers bought 7 percent more gasoline than they had during April 2014, when the average price was $3.60 per gallon.Based on these numbers, what was the price elasticity of demand for gasoline from April 2014 to December 2014?


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A model for the roles schools, families, and communities play in supporting student learning.

Parental Supervision

The monitoring and guidance provided by parents or guardians to ensure the safety and well-being of their children.

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