Which of the following raises the equilibrium price and increases the equilibrium quantity of used cars?

Name: Which of the following raises the equilibrium price and increases the equilibrium quantity of used cars?
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Question

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A fall in income, if used cars are considered an inferior good, would lead to an increase in demand for used cars as consumers shift away from purchasing new, more expensive cars. This increased demand would raise the equilibrium price and increase the equilibrium quantity of used cars.

Which of the Following Raises the Equilibrium Price and Increases