supply and demand curves for gasoline, business and finance homework help

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supply and demand curves for gasoline, business and finance homework help

Utilize the attached file to complete the question.

Determine whether the prices in your local area are higher or lower than the national average.

Create a 700-word proposal in which you include the following:

  • Explain elasticity of supply and demand and how this relates to your pricing decision.
  • Determine if your prices will be higher, lower, or the same for the new location.
  • Defend the pricing decision including all supporting documentation.

Cite a minimum of two scholarly references in addition to citations