Mathematics, 30.07.2021 22:50, cgonzalez1371

Suppose when the price of gasoline is $3.50 per gallon the total amount of gasoline purchased in the United States is 6 million barrels per day. When the price of gas decreases to $3 per gallon the total amount of gasoline purchased is 8 million barrels per day. Based on these numbers and using the midpoint formula the percentage change in price is:

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Suppose when the price of gasoline is $3.50 per gallon the total amount of gasoline purchased in the...