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Activity 3. The Law of Demand and Supply Directions: Analyse this problem. The following data were taken from an Involer of Company X. The company
Activity 3. The Law of Demand and Supply Directions: Analyse this problem. The following data were taken from an Involer of Company X. The company imports gasoline from other country. 2. 1) Plot or graph the data. Interpret the results. Price Quantity Demanded (4 per gallon] [millions of gallons) NO0 800 120 700 1.40 GOD 1:60 550 1.80 3.00 460 2 20 420 Table 1. Price and Quantity Demanded of Gasoline Price Od Figure 1. Price and Quantity Demanded of Gaspane 2.2 Analyse data and describe the curve
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