Answer: D) the product market.
The purchase of the used car in this scenario would describe John’s utilization of the product market.
Explanation:
This can be said because if John was getting a new car which would have a high price. Now since John has purchased a used car there has been utilization in various things.
The car has been purchased in a very reasonable price. As new car cost very expensive and getting a used car has saved money for getting other things for the house.
