What is the wholesale cost of the 2 Door Hatchback?

Study for the Wonderlic Basic Skills Test (WBST) Exam. Utilize flashcards and multiple choice questions, each with hints and explanations. Get ready for your exam!

Multiple Choice

What is the wholesale cost of the 2 Door Hatchback?

Explanation:
To determine the wholesale cost of the 2 Door Hatchback, it is crucial to analyze the context and any specific data provided about the costs. The wholesale price reflects the cost at which a retailer purchases the good from the manufacturer or supplier. In this case, option B, $4,500, would be the most reasonable estimate for the wholesale cost, as it suggests a mid-range price that is likely based on the average market conditions for this type of vehicle. This amount is typical for a compact car, which the 2 Door Hatchback usually represents. The figure indicates a balance between being affordable and reflecting a realistic market value without entering the higher price bracket that options C and D represent, which could be reserved for more premium or larger types of vehicles. Therefore, the selection of $4,500 as the wholesale cost is justified based on typical automotive pricing structures and the characteristics of hatchback cars.

To determine the wholesale cost of the 2 Door Hatchback, it is crucial to analyze the context and any specific data provided about the costs. The wholesale price reflects the cost at which a retailer purchases the good from the manufacturer or supplier.

In this case, option B, $4,500, would be the most reasonable estimate for the wholesale cost, as it suggests a mid-range price that is likely based on the average market conditions for this type of vehicle. This amount is typical for a compact car, which the 2 Door Hatchback usually represents. The figure indicates a balance between being affordable and reflecting a realistic market value without entering the higher price bracket that options C and D represent, which could be reserved for more premium or larger types of vehicles.

Therefore, the selection of $4,500 as the wholesale cost is justified based on typical automotive pricing structures and the characteristics of hatchback cars.

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