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Author Question: In December 2014, the average price of gasoline in the United States was $2.50 per gallon and ... (Read 75 times)

Awilson837

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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 figures, when the price of gasoline fell from $3.60 per gallon to $2.50 per gallon, total revenue


increased.


decreased.


did not change.


There is not enough information to determine what happened to total revenue.



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Marked as best answer by Awilson837 on Oct 5, 2019

ErinKing

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ErinKing

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