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If used cars are inferior goods and incomes decline, a.sales of used cars will decline b.sales of new cars will remain unchanged c.sales of new
If used cars are inferior goods and incomes decline,
a.sales of used cars will decline
b.sales of new cars will remain unchanged
c.sales of new cars will increase
d.sales of used cars will increase
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Issues in Economics Today
Authors: Robert C. Guell
8th edition
1259746399, 1259746390, 978-1259746390
