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Consider the following chart, which shows used car prices in Canada from 2020 to 2022. Used Car Listing Prices in Canada 36,000 $35,000 30,000 $23,600
Consider the following chart, which shows used car prices in Canada from 2020 to 2022. Used Car Listing Prices in Canada 36,000 $35,000 30,000 $23,600 24,000 Value ($) 18,000 12,000 6,000 March 2020 March 2021 March 2022 What is a NOT plausible reason that used cars rose in price? A higher price of new cars. A reduced inventory of cars. An increase in the child population. Renewed interest in vintage and used car models.Consider the following chart. Price History of Bitcoin $68,991 in Nov, $49.243 in Dec $73.794 100,000 on March 14 $20,000 in May. $19,345 in Dec 50,000 41646 increase. ($6.966 to 10,000 $29,000) $18 000 in Doc 5,000 Spiked to $1238 and fell to $687 50 $10,000 in june, 56,635.84 in Dec 1,000 $900 Began at 513.78 500 $123 in Oct- $315.21 100 Gain of 2.960% ($26.70) 50,09 Prices slumped 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Investopedia What is NOT a plausible reason that Bitcoin's price rose from December 2023 to March of 2024? Companies like BlackRock bought Bitcoin and made it easier for investors to purchase Bitcoin through the stock market. A reduction in the amount of new Bitcoin being generated. An increase in the price of other investments, such as gold and stocks. Expectations that Bitcoin's price will fall in the future
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