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michellespencer68 michellespencer68
  • 06-02-2017
  • Mathematics
Answered

if the total income generated from gasoline for AER was $408 million , how much would be the cost of a gallon of gasoline

Verified Answer :

MissPhiladelphia
MissPhiladelphia MissPhiladelphia
  • 15-02-2017

I found the pie chart that should accompany this problem, as well as, the choices of answer for this problem.

A $16
B $
18
C $20
D $
22
E $24

Total production from crude oil: 60 million barrels
Gasoline production: 34%

60 million barrels * 34% = 20,400,000

Total income: $
408 million

408,000,000 / 20,400,000 = $20  choice C.


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