Price ($ per gallon)
$2.20
$2.00
$1.80
$1.60
$1.40
$1.20
$1.00
($2.20 per gallon, 720 million gallons)
($2.00 per gallon, 700 million gallons)
($1.80 per gallon, 680 million gallons)
($1.60 per gallon, 640 million gallons)
($1.40 per gallon, 600 million gallons)
($1.20 per gallon, 550 million gallons)
($1.00 per gallon, 500 million gallons)
300 400 500 600 700 800 900
Quantity of Gasoline (millions of gallons)
Looking at the graph, if price was $1.60 per gallon and increased to $2.20 per gallon, how does quantity supplied of gasoline change?
640 million gallons to 720 million gallons
720 million gallons to 640 million gallons
600 million gallons to 720 millions gallons