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Prices ($) 9000 8000 7000 6000 5000 4000 3000 2000 1000 0 0 1000 Market for Used Cars 2000 3000 4000 5000 6000 7000 8000
Prices ($) 9000 8000 7000 6000 5000 4000 3000 2000 1000 0 0 1000 Market for Used Cars 2000 3000 4000 5000 6000 7000 8000 Quantity Demanded According to this graph, what happens to quantity demanded if the price of a used car decreases from $4000 to $2000? The quantity demanded falls to 5,500 cars. The quantity demanded increases to 4,300 cars. The quantity demanded increases to 6,500 cars.
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