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04-11-2022
Business

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suppose that when the price of gasoline is $3 per gallon the total amount of gasoline purchased in the united states is 8 million barrels per day. also suppose that when the price of gas decreases to $2.25 per gallon the total amount of gasoline purchased is 12 million barrels per day. based on these numbers and using the simple formula the percentage change in price is:

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