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At $120 Per Litre You Spent $240 on Gasoline Last Month

Question 77

Multiple Choice

At $1.20 per litre you spent $240 on gasoline last month. Your


A) marginal benefit must be less than 1.20 per litre.
B) quantity demanded is 240 litres.
C) quantity demanded is 1.20 dollars.
D) quantity demanded is 240 dollars.
E) quantity demanded is 200 litres.

Correct Answer:

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