Multiple Choice
Why does a sports car cost more than a truck?
A) because sports car manufacturers are greedier than truck manufacturers
B) because sports cars are priced higher in order to make them attractive as status symbols
C) because more scarce resources are required to produce a sports car than to produce a truck
D) because truck manufacturers know that their customers have relatively low incomes
Correct Answer:
Verified
Correct Answer:
Verified
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