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

Answer

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