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tuggy tuggy
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6 years ago
Used cars in Poorland sold for about 20% less than new cars of the same model manufactured in the same year. However, price differences were reduced when certified used-car dealers entered into the market for used cars in Poorland. What explains this phenomenon?
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Microeconomics

Microeconomics


Edition: 1st
Authors:
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SudzburySudzbury
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University of Kansas Alumni

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