Describe the used-car market in the united states, Microeconomics

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Describe the used-car market in the united states

Problem

Describe the used-car market in the United States. How many used cars get traded per year and at what average price? How does the market enable buyers to avoid lemons? What role, if any, do governments play in the usedcar market?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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