List Prices on New Cars Do Not Change Very Often

question 110

Multiple Choice

List prices on new cars do not change very often, so

• A)the real price of cars is very inflexible.
• B)the prices of new cars can only be flexible if there are changes in the cost of materials.
• C)price flexibility is not an important feature in the auto market.
• D)price flexibility shows up primarily through the negotiations between buyers and sellers.

---

Definitions:

Locus Of Control

A psychological concept referring to an individual's belief about the extent to which their actions can influence the events that affect them.

Heterosexuality

A sexual orientation characterized by an exclusive or predominant attraction to individuals of the opposite sex.

Discrimination

In psychology, the ability to respond differently to similar but distinct stimuli.

Prejudice

A preconceived opinion or judgment formed without just grounds or before sufficient knowledge, often based on stereotypes.