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 aspect 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 female customers.
E) African Americans, women, and Hispanics pay higher than the average price for a new car.

Question

Quizplus · Accepted Answer

Studies have shown that African Americans, women, and Hispanics are often offered higher prices, and may pay higher than the average price for a new car due to discrimination in dealership pricing. A one-price policy is not the industry standard, and flexible pricing may be offered by both male and female salespeople. There is no evidence that haggling over price is more exciting for men than other aspects of the car purchase.

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