Which of the following statements regarding new car purchases in the U.S.is most accurate?
A)While men of all races pay basically the same price,women,regardless of race,pay considerably less.
B)Seventy-nine percent of all men purchasing cars cite haggling over price as the most exciting aspects of the purchase.
C)A one-price policy is now the standard in the automobile industry due to violations of the Robinson-Patman Act.
D)Female automobile salespeople rarely,if ever,offer flexible pricing to women customers.
E)African-Americans,women,and Hispanics pay higher prices than the average price paid for a new car.

Question

Quizplus · Accepted Answer

Studies have shown that African-Americans, women, and Hispanics pay higher prices than the average price paid for a new car. This has been attributed to factors such as discrimination, lack of negotiation skills, and lack of access to information on pricing.

Which of the Following Statements Regarding New Car Purchases in the U.S.is