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djsmyers djsmyers
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6 years ago
The price elasticity of demand for gasoline is estimated to be -0.2. Two million gallons are sold daily at a price of $1. Use this information to calculate a demand curve for gasoline assuming it is linear.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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forrestforrest
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6 years ago
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djsmyers Author
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6 years ago
Brilliant
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
This site is awesome
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