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Title: Suppose the price of gasoline in July 2004 averaged $1.35 a gallon and 15 million gallons a day were Post by: Tidy on Jun 21, 2015 Suppose the price of gasoline in July 2004 averaged $1.35 a gallon and 15 million gallons a day were sold. In October 2004, the price averaged $2.15 a gallon and 14 million gallons were sold. If the demand for gasoline did not shift between these two months, use the midpoint formula to calculate the price elasticity of demand. Indicate whether demand was elastic or inelastic.
Title: Re: Suppose the price of gasoline in July 2004 averaged $1.35 a gallon and 15 million gallons a day Post by: Chimelo46 on Jul 30, 2015 Content hidden
Title: Re: Suppose the price of gasoline in July 2004 averaged $1.35 a gallon and 15 million gallons a day were Post by: Chimelo46 on Aug 31, 2015 It was nothing, thanks for updating us.
Title: Re: Suppose the price of gasoline in July 2004 averaged $1.35 a gallon and 15 million gallons a day ... Post by: Jason yc on Nov 22, 2020 thanks!
Title: Re: Suppose the price of gasoline in July 2004 averaged $1.35 a gallon and 15 million gallons a day ... Post by: Ray Chan on Nov 25, 2020 Thank you
Title: Re: Suppose the price of gasoline in July 2004 averaged $1.35 a gallon and 15 million gallons a day ... Post by: Autumn Frederick on Jan 24, 2021 Thank you
Title: Re: Suppose the price of gasoline in July 2004 averaged $1.35 a gallon and 15 million gallons a day ... Post by: mk00 on Jan 28, 2021 thank you
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