Lou and Toby Both Live in a Little Town and Are

question 63

Multiple Choice

Lou and Toby both live in a little town and are trying to sell their cars.Both of their cars have a blue book value of $10,000.Lou has an American car like most of the people in town.Toby owns a Bulgarian car,the only one in town.Who will get closest to the blue book value for her car?

• A)Lou will since American cars are better than foreign cars.
• B)Toby will since Bulgarian cars are more scarce than American cars.
• C)Lou will,since people have more information about Lou's car.
• D)Both should get the same price for their cars.