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2 12 points Due to gasoline prices increasing by 23% quantity demanded of gasoline his declined from 369,000,000 to 363,236,589 allons per day, 1. Calculate

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2 12 points Due to gasoline prices increasing by 23% quantity demanded of gasoline his declined from 369,000,000 to 363,236,589 allons per day, 1. Calculate the appropriate elasticity. 2. Interpret the elasticity 3. Classify demand for gasoline 4. What has happened to consumer expenditures for gasoline? BIVANI E E = * * E 12pt Paragraph MP4 Sul 65F BNG *

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