After graduation many students' demand for used cars decreases.This may be because used cars are considered a normal good to university graduates.

Name: After graduation many students' demand for used cars decreases.This may be because used cars are considered a normal good to university graduates.
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Question

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Used cars are typically considered inferior goods, meaning demand decreases as income increases, which often happens after graduation.

After Graduation Many Students' Demand for Used Cars Decreases