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According to Global News (April 23, 2022), the average price of a used car in Canada has jumped nearly 50 percent since

Posted: Fri May 20, 2022 6:37 am
by answerhappygod
According to Global News (April 23,
2022), the average price of a used car in Canada has
jumped nearly 50 percent since last year. Please
explain the possible reasons for the increase in used car prices in
Canada by using the knowledge of demand, supply, and market
equilibrium.