Multiple Choice
Carmen Sanchez is a sales representative for Sherwin Williams and her territory includes approximately 120-mile radius of her "home" retail store. Her customers are painting contractors and facility managers of office complexes, apartment buildings, hospitals, and other businesses that might have commercial painting needs. Carmen uses her company vehicle and spends about five hours each day in her car visiting her customers and prospecting for new business. Since her territory is so large, Carmen puts about 200 miles on her car each day, which consumes a lot of gasoline. She tries to be economical when choosing gas stations, but it doesn't really matter how much the gas costs, she pays the price. In this case, demand for gasoline is _________.
A) inelastic
B) elastic
C) unitary
D) variable
E) fixed
Correct Answer:

Verified
Correct Answer:
Verified
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