Figure 3-2
-In Figure 3-2,if gasoline were selling for twenty cents a litre,quantity demanded per day would be

Question

Figure 3-2 
-In Figure 3-2,if gasoline were selling for twenty cents a litre,quantity demanded per day would be

Quizplus · Accepted Answer

Without access to Figure 3-2, we can't directly observe the specific demand curve. However, the question implies that at a price of twenty cents a litre, the quantity demanded per day is a specific value. Given the options, if we assume the question is based on a hypothetical or theoretical demand curve where a lower price increases the quantity demanded, the correct answer would be chosen based on the context provided in the question. Since we cannot see the figure, we cannot provide a specific explanation based on it, but typically, demand curves show a relationship where the quantity demanded increases as the price decreases. Thus, the answer provided is based on a common understanding of economic principles rather than the specific details of Figure 3-2.

Figure 3-2 -In Figure 3-2,if Gasoline Were Selling for Twenty Cents a Twenty