the price of cars would decrease in a given area if 3 additional car dealerships were to open.
the price of cars would decrease in a given area if 3 additional car dealerships were to open.
Answer
Brief Explanations:
In a market, more car dealerships mean increased competition. This usually leads to price - cutting strategies to attract customers. So, an increase in the number of dealerships often results in a decrease in car prices in the area.
Answer:
T