In the past year, there has been a large drop in the number of new cars sold, due to harsh economic conditions in the marketplace and high taxes. At the same time, the average price paid for a new car has risen dramatically.
Which of the following, if true, best explains the increase in the average price of a new car?

Question

Examsnet · Accepted Answer

Correct Answer is :  The market for expensive car has been unaffected by the current economic conditions.

GMAT Verbal Reasoning Practice Test 3