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Lou and Toby Both Live in a Little Town and Are

Question 50

Multiple Choice

Lou and Toby both live in a little town and are trying to sell their cars.Both of their cars have a blue book value of $10,000.Lou has an American car like most of the people in town.Toby owns a Bulgarian car,the only one in town.Who will get closest to the blue book value for her car?


A) Lou will since American cars are better than foreign cars.
B) Toby will since Bulgarian cars are more scarce than American cars.
C) Lou will,since people have more information about Lou's car.
D) Both should get the same price for their cars.

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