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If All Car Owners Sold Their Cars After Four Years,bought

Question 91

Multiple Choice

If all car owners sold their cars after four years,bought new ones,sold those after four years,and so on,then


A) the used-car market would contain lower-than-average quality cars.
B) the used-car market would contain higher-than-average quality cars.
C) the demand for used cars would increase.
D) consumers would switch car brands less frequently.
E) the used-car market would contain average quality cars.

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