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Other Fields Homework Help Economics Topic started by: nguyenduong67 on Aug 29, 2017



Title: Suppose you own a plum (high-quality) used car that you are thinking about selling. Further, suppose ...
Post by: nguyenduong67 on Aug 29, 2017
Suppose you own a plum (high-quality) used car that you are thinking about selling. Further, suppose you know that buyers assume that there is a 30% chance of getting a plum, and that 8 of 10 cars currently in the used car market are lemons (low-quality). Would you likely sell your car?


Title: Re: Suppose you own a plum (high-quality) used car that you are thinking about selling. Further, ...
Post by: Quinn1981 on Aug 29, 2017
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