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 fixed 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 dynamic 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

According to studies, African-Americans, women, and Hispanics pay higher prices than the average price paid for a new car. This is due to discriminatory practices in the industry where salespeople use factors such as race, gender, and ethnicity to offer higher prices for the same car model.

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