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sales. Depending on one's definition of a crossover, prices generally range from $18,000 to about $45,000 before getting into the luxury crossover territory. I estimate annual sales for 2006 at $54.9 billion. Today, virtually every automaker has a crossover on the market.
Section I ? Demand Function
The quantity demanded of crossovers is a function of the price of crossovers, consumer tastes? horsepower, higher seating, lower ground clearance, more seating, fuel economy, hauling capacity, safety, car-like ride, as well as the prices of cars, competing trucks, and larger SUVs, and the number of consumers in the market...
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