If the Demand for Used Cars Decreases After the Price

question 122

Multiple Choice

If the demand for used cars decreases after the price of a new car falls,used cars and new cars are

• A)normal goods.
• B)complementary goods.
• C)inferior goods.
• D)substitute goods.
• E)The question is incorrect because it is the quantity of used cars,NOT the demand for used cars,that will change when the price of a new car falls.

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