Top Posters
Since Sunday
6
o
5
5
b
4
s
3
j
3
b
3
m
3
K
3
g
3
L
3
w
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
borteleto borteleto
wrote...
Go to Answer
Posts: 2477
Rep: 2 0
6 years ago
If the price of gasoline rose from $2.85 to $2.95 per gallon, your expenditure on gasoline would increase if your price elasticity of demand for gasoline equals
A) 1.25.
B) 1.00.
C) 0.75.
D) Total revenue would increase at all of the above elasticities.
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
Read 81 times
3 Replies
Replies
Answer verified by a subject expert
Marc18Marc18
wrote...
#1
Top Poster
Posts: 1080
Rep: 114 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

borteleto Author
wrote...
#2
6 years ago
This helps so much, thank you for responding so quickly...
wrote...
#3
6 years ago
No worries, I was online and bored Grinning Face with Smiling Eyes
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1141 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4464
  
 229
  
 400
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 300
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?