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Title: Suppose you notice that the market for used bikes is dominated by lemons (low-quality bikes). In ... Post by: thanhha78 on Aug 29, 2017 Suppose you notice that the market for used bikes is dominated by lemons (low-quality bikes). In such a situation, if you are a buyer of used bikes, you are faced with
A) symmetric information. B) an adverse selection problem. C) a positive externality. D) perfect information. Title: Re: Suppose you notice that the market for used bikes is dominated by lemons (low-quality bikes). In ... Post by: tristion on Aug 29, 2017 Content hidden
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