Which of the Following Exemplifies the Outlet Bias in the Computation

question 107

Multiple Choice

Which of the following exemplifies the outlet bias in the computation of the CPI?

• A) Roxanna refuses to shop at factory outlet stores because she says that the layouts of the stores are too chaotic and therefore is too time-consuming.
• B) Yu-Jen does most of her shopping at Costco instead of Safeway because the prices at Costco are more competitive.
• C) Katie prefers to buy her groceries at Whole Foods because they carry a wide selection of organic produce.
• D) Diana does her holiday shopping at Metro-Foods because she values their excellent customer service.

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