That most used cars are sold by intermediaries (i.e.,used car dealers)provides evidence that these intermediaries

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The fact that most used cars are sold by intermediaries suggests that these intermediaries provide valuable information to consumers, which is why consumers are willing to pay for their services. Additionally, intermediaries are able to prevent free-riding off of this information by charging a fee for their services. Finally, intermediaries can profit by becoming experts in determining whether a car is a good purchase or a lemon. Therefore, all of the above statements are true.

That Most Used Cars Are Sold by Intermediaries (I