Many Americans are selling their used cars and buying new fuel-efficient hybrids. Other things remaining the same, in the market for used cars, ________ and in the market for hybrids ________

A. supply increases and the price falls; demand increases and the price rises
B. demand decreases and the price rises; supply increases and the price falls
C. both demand and supply decrease and the price might rise, fall, or not change; demand increases and the price rises
D. demand decreases, supply increases, and the price falls; supply in-creases and the price falls


A Selling their used cars increases the supply of used cars. Buy-ing new hybrids increases the demand for hybrids.

Economics

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