-Darren sees 1.80 as a lot, so he only uses or gets only 1 litres due to the high price and starts
using alternatives such as walking or biking
-As the price gets lower he starts getting more litres
If the price was between 1.80 and 1.60 (1.70)he would most likely buy 1.5
litres
Law of demand
The Law of demand says that our demand for a good increases when its price
decreases, and vice-versa
If the price of gas is $1.39 per litre, how much gas should
Darren buy each day, on average?
-He should stop when he gets to 4 litres of gas because the cost=1.39 would go over the benefit
=.1.39