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Two driversVan and Amyeach drive up to a gas station. Before looking at the price, each places an order. Van says, I'd like 10 gallons
Two driversVan and Amyeach drive up to a gas station. Before looking at the price, each places an order. Van says, "I'd like 10 gallons of gas." Amy says, "I'd like $10 worth of gas."
Which of the following statements is correct? Check all that apply.
Amy's demand is perfectly elastic.
Van's demand is perfectly inelastic.
Amy's demand is inelastic.
Van's demand is elastic.
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