Effect does price differential likely have on miles driven

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In the United States, say gasoline costs consumers about $2.50 per gallon. In Italy, say it costs consumers about $6 per gallon. What effect does this price differential likely have on miles driven in the United States compared to Italy?

Italians likely drive more miles than Americans.

Italians likely drive fewer miles than Americans.

Miles driven cannot be compared between the two countries.

Italians and Americans likely drive the same amount of miles.

Reference no: EM131204076

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