# As a painter $3 per gallon is 35 gallons of$105 per month. At $3.50 per gallon, drops to 20 gallons of$75 per month. Price range, the demand is...
As a painter $3 per gallon is 35 gallons of$105 per month. At $3.50 per gallon, drops to 20 gallons of$75 per month. Price range, the demand is relatively elastic. Calculation of Price Elasticity of Demand