Question

The average cost of a new car in America is 37,851 the average cost of a new truck is 35,222 what must be true about the average cost of a new cars and trucks?

Answer 1

The average cost of new cars in America is higher than that of trucks by $2,629, indicating that cars are generally more expensive on average.

Step-by-step explanation:

The question asks about the average cost of new cars and trucks in America. The average cost of a new car is reported as $37,851, and the average cost of a new truck is $35,222. Based on these figures, it must be true that the average cost of new cars is higher than the average cost of new trucks by a difference of $2,629. This is a simple subtraction problem where the average cost of a car minus the average cost of a truck yields the difference in their costs.

To fully understand these averages and compare them, one might consider supply and demand, as well as the effects of inflation over time. Additionally, the difference in average costs could be influenced by various factors such as features, technology advancements, and market preferences. It is important to note that average costs can vary based on geographical location and the time period in question, as indicated by the historical data on price changes due to inflation and demand shifts.