Consider the dynamic 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 "C?"
A)women
B)the elderly
C)Hispanics
D)African Americans
E)Asian Americans

Question

Quizplus · Accepted Answer

The chart shows that group C paid $483 less than the typical purchaser for a new car in the $21,000 range. The chart identifies group C as Hispanics.

Consider the Dynamic Pricing Chart Above,which Shows the Results of a National