Many used car owners and used car dealers describe their different car

Many used car owners and used car dealers describe their different cars for sale in the local newspapers and list their asking price. Many people shopping for a used car consider the different choices listed in the paper. The market for used cars could be described as

A) relatively competitive.
B) perfectly competitive.
C) non-competitive.
D) having high transaction costs.

 

ANSWER

A

 

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