Asked by Makaylee Wright on Jun 12, 2024
Verified
Barcelona and Los Angeles are similar,except Barcelona has a good public transportation system and Los Angeles does not.Auto insurance will probably be more expensive in _____ since the _____ for insurance is _____.
A) Barcelona;demand;higher than it is in Los Angeles
B) Barcelona;supply;lower than it is in Los Angeles
C) Los Angeles;demand;higher than it is in Barcelona
D) Los Angeles;supply;lower than it is in Barcelona
Public Transportation
A system of vehicles such as buses and trains that operate at regular times on fixed routes and are available for use by the public.
Auto Insurance
Insurance policy for cars, trucks, motorcycles, and other road vehicles, providing financial protection against physical damage, theft, and liability resulting from collisions.
Barcelona
A city in Spain known for its unique architecture, rich history, and vibrant culture.
- Analyze factors influencing the cost of insurance and the role of public transportation systems on these costs.
Verified Answer
NS
Nooria SarhadiJun 14, 2024
Final Answer :
C
Explanation :
The statement mentions that Los Angeles does not have a good public transportation system, implying that most people would rely on cars for transportation. This would increase the demand for auto insurance in Los Angeles, making it more expensive than in Barcelona, which has a better public transportation system. Additionally, the question states that the insurance supply is likely to be lower in Barcelona, but this information does not affect the cost of insurance as much as the demand for insurance does.
Learning Objectives
- Analyze factors influencing the cost of insurance and the role of public transportation systems on these costs.