1. At a price of $1.50 per gallon, would there be a surplus or a shortage of gasoline at this particular gas s

Question

please help me out please i need it to graduate tomorrow

Answer 1

in order for gas to be at a price of 1.50 the supply would need to be increased.

Answer 2

I dont really wanna hate but if you cant figure this out, maybe you should not graduate.  

Think about it ,if a gas station is basically giving away gasoline, how long do you think they would have it?  

Further, lets say you go outside today and there is a station selling gas for $10 a gallon.  Well, this guy has a great big surplus because there is no one at his station.