Car-Sharing Differs from Traditional Car Rental,which Costs More,in That the Rental

question 1

Multiple Choice

Car-sharing differs from traditional car rental,which costs more,in that the rental period can be by the hour and as needed.Which of the following market factors might convince more people to use this service on a long-term basis?

• A) education
• B) the Great Recession
• C) crowded cities
• D) the need to splurge on a nice car for a night out
• E) ethnic preferences

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Definitions:

Cent

A monetary unit in various countries, equal to one hundredth of a base currency like the US dollar or the Euro.

Accurate

The quality of being correct or precise, without errors or mistakes.

Cent

A monetary unit in various countries, equal to one-hundredth of a base currency unit.

Decimal Equivalent

The representation of fractions as decimals by dividing the numerator by the denominator.