According to a Los Angeles Times Article Published in May

According to a Los Angeles Times article published in May 2005,recent estimates indicate that

A) the short-run and long-run price elasticities of demand for gasoline are 0.1 and 0.5, respectively.
B) the short-run and long-run price elasticities of demand for gasoline are 0.1 and 1.0, respectively.
C) the short-run and long-run price elasticities of demand for gasoline are 0.2 and 1.5, respectively.
D) the short-run and long-run price elasticities of demand for gasoline are 0.5 and 1.5, respectively.

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