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5 October, 05:29

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

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  1. 5 October, 08:22
    0
    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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