A dealer has a new Corvette with a sticker price of $60,000. Because the demand is high and the supply is low, the dealer announces that the actual cost will be 10% more than the sticker price, so the actual cost becomes $66,000.

Does It Make Sense? For Exercises, determine whether the statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain clearly; not all of these have definitive answers, so your explanation is more important then your chosen answer.