Suppose That You Have Noticed That Almost All of the Car

question 18

Multiple Choice

Suppose that you have noticed that almost all of the car dealers in your city are located along a 3-block stretch of the same street.A likely reason for this clustering of car dealers is that:

• A)the dealers are better able to form a cartel.
• B)each dealer is attempting to locate closest to the customers.
• C)there is a social norm in that city that dealers follow in choosing location.
• D)each dealer sells a different brand of car,so they are not competitors and do not have to be concerned about the other dealers' locations.

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Definitions:

Majority

The greater part or number; in a democratic context, it often refers to the group or party that holds more than half of the seats in a legislative body.

Presidential Candidate

An individual running for or seeking the office of President in an election.

Head of State

The official representative of a country who serves as the symbolic leader and performs ceremonial duties.

Symbolic

Pertaining to symbols or the use of symbols to represent ideas or qualities.