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In the past year, there has been a large drop in the number

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In the past year, there has been a large drop in the number [#permalink] New post 14 Oct 2005, 12:34
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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?
(A) The price of used cars has climbed steadily over the past ten years.
(B) There will be a tax reduction later in the year which is expected to aid moderate and low income families.
(C) The market for expensive car has been unaffected by the current economic conditions.
(D) Economic conditions are expected to get significantly worse before the end of the year.
(E) Low demand for trucks and vans has led to lower production in the factories.
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 [#permalink] New post 14 Oct 2005, 12:41
C
This would mean the proportion of expensive cars sold is more increasing the average price of the total cars sold.
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 [#permalink] New post 14 Oct 2005, 14:39
C.

The market for expensive car is steady while the total number of new cars sales has dropped. This means there is a higher proportion of expensive cars in the new car market.
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 [#permalink] New post 18 Oct 2005, 11:57
Good job C is the OA.
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 [#permalink] New post 18 Oct 2005, 12:03
C.

The sale of expensive cars increased the average price of the new cars.
  [#permalink] 18 Oct 2005, 12:03
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