Last year Jojo spent $1.50 per litre on 100 litres of gasoline. This year, the prices are 20 percent higher at $1.80 per litre. So, he cut back his consumption to 85 litres, which is a 15 percent decrease. Based on this information, Jojo's price elasticity of gasoline is ____. Question 10Select one: A. 0.50 B. 2.0 C. 1.33 D. 0.75 E. 1.5