Flexible Pricing Chart
-Consider the flexible pricing chart above, which shows the results of a National Bureau of Economic Research study of 750,000 car purchases. The data indicate that some groups of car buyers, on average, paid roughly $105, $423, and $483 respectively for a new car in the $21,000 range than the typical purchaser. Who are the car buyers in column A?
A)women
B)the elderly
C)Hispanics
D)African Americans
E)Asian Americans

Question

Flexible Pricing Chart
-Consider the flexible pricing chart above, which shows the results of a National Bureau of Economic Research study of 750,000 car purchases. The data indicate that some groups of car buyers, on average, paid roughly $105, $423, and $483 respectively for a new car in the $21,000 range than the typical purchaser. Who are the car buyers in column A?
A)women 
B)the elderly 
C)Hispanics 
D)African Americans 
E)Asian Americans

Quizplus · Accepted Answer

Women, on average, paid $105 more for a new car in the $21,000 range than the typical purchaser according to the study.

Flexible Pricing Chart -Consider the Flexible Pricing Chart Above, Which Shows the Results