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    Exam 2: Making Smart Choices: the Law of Demand
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    At $120 Per Litre You Spent $240 on Gasoline Last Month
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At $120 Per Litre You Spent $240 on Gasoline Last Month

Question 152

Question 152

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.

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