More and More Students Are Buying Textbooks on Online Instead

question 140

Multiple Choice

More and more students are buying textbooks on online instead of in the university bookstore. The CPI does not account for this change in purchasing habits. This is an example of

• A)outlet bias.
• B)substitution bias.
• C)new product bias.
• D)increase in quality bias.
• E)brick and mortar bias.

---

Definitions:

Comparative Balance Sheets

Financial statements that display a company's financial position at different points in time, side by side, to facilitate comparison and trend analysis.