The price elasticity of gasoline in the United States has been estimated to be 0.15.If this is so, should profit-maximizing gasoline stations raise their prices? (Explain why or why not.)

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The Answer of The price elasticity of gasoline in the United States has been estimated to be 0.15.If this is so, should profit-maximizing gasoline stations raise their prices? (Explain why or why not.)

The Price Elasticity of Gasoline in the United States Has