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When making an automobile purchase decision, you should always attempt to find the vehicle that provides the _______ price and the _______ quality.

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When making an automobile purchase decision, you should always attempt to find the vehicle that provides the lowest price and the best quality.

What should guide the purchase of automobiles?

When making a purchase, the aim of the buyer should be to maximise consumer surplus. Consumer surplus is the difference between the price of a product and highest amount the buyers is willing to purchase the item.

In a bid to purchase the vehicle at the lowest price, the buyer should not neglect quality. The buyer should aim to buy the vehicle of highest quality.

To learn more about consumer surplus, please check: https://brainly.com/question/25816093

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