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In the market for used cars, suppose there are 5 sellers who are willing to sell at the prices of $1000, $2000, $3000, $4000, and $5000

Economics

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In the market for used cars, suppose there are 5 sellers who are willing to sell at the prices of $1000, $2000, $3000, $4000, and $5000. What could the market price be in order to induce three sellers to offer their cars for sale?