Mathematics
Mathematics, 16.09.2019 05:30, ajaymatthew15

According to one economic model, the demand for gasoline is a linear function of price. if the price of gasoline is p # $3.10 per gallon, the quantity demanded in a fixed period of time is q - 65 gallons. if the price is $3.50 per gallon, the quantity of gasoline demanded is 45 gallons for that period.
a) find a formula for q (demand) in terms of p (price).
b) according to this model, at what price is the gas so expensive that there is no demand.


According to one economic model, the demand for gasoline is a linear function of price. if the price

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