Paul wants to buy a classic sports car. Unfortunately, only a limited
amount of dealers and collectors have the model car he wants. As a
result, Paul will have to pay a high price, if he can even get the car at all.
Paul is experiencing
-depression in the
-car market.
-scarcity.
-severe inflation
an embargo on
cars.

Respuesta :

depression in the car market

According to the question, Paul is facing the depression in the car market as he is unable to purchase the car due to the limited edition available. Thus, option 1st is correct.

What is the meaning of Dealer?

Dealer is the person who acts the mediator between the manufacturer and the buyer for the products. Generally the dealer is meant for the luxuries items like cars, laptop, television etc. He cracks the deal between the buyer and seller.

According to the given scenario, Paul wanted to have his favorite sports car but unable to purchase it due to the shortage in the market. Due to the non-availability of the car, he needs to purchase it in the higher amount.

Therefore, it can be concluded that Paul is experiencing the depression in the car market. Hence, option 1st is correct.

Learn more about Dealer here:

https://brainly.com/question/14615916

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Universidad de Mexico