Question

I heard there was going to be a shortage on gas production. The current price is $1.80 per gallon. I expect the price will increase by 35% in the next few days. What is the cost of gas per gallon,according to my prediction?

work needed.

Answer 1

35% x $1.80 = €63
$1.80 + €63 = $2.43 per gallon

Answer 2

Answer: While the average price of gas has risen to above $3 as a result of increased demand and lack of supply, prices will obviously go up more dramatically in areas where there is a shortage of gas.

Explanation: