Data shows that United States college students purchase more e-books than German college students.Assuming that all students have identical preferences for e-books and textbooks,what is the likely explanation for this result?
A) Taxes on textbooks are higher in the United States than taxes on textbooks in Germany.
B) Taxes on textbooks are lower in the United States than taxes on textbooks in Germany.
C) The price of textbooks is cheaper in the United States than textbooks in Germany.
D) Both A and C.
Correct Answer:
Verified
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