Flexible Pricing Chart -Consider the Flexible Pricing Chart Above,which Shows the Results of the Results

question 122

Multiple Choice

Flexible Pricing Chart
-Consider the flexible pricing chart above,which shows the results of a National Bureau of Economic Research study of 750,000 car purchases. The data indicate that some groups of car buyers,on average,paid roughly $105,$423,and $483 more,respectively,for a new car in the $21,000 range than the typical purchaser.Who are the car buyers in "C?"

• A) women
• B) the elderly
• C) Hispanics
• D) African Americans
• E) Asian Anericans

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Definitions:

A Drive

An internal motivational state that compels an organism to engage in specific behaviors to fulfill a need or achieve a goal.

Genetic Predispositions

Inclinations or susceptibilities to certain traits, behaviors, or diseases, inherited from one's parents through genes.

Instinct Theory

A theory proposing that certain behaviors are innate and due to evolutionary programming.

Behavior

The behavior or responses of a person or system when influenced by external or internal factors.