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thanhha78 thanhha78
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6 years ago
In a market with an adverse selection problem
A) the uninformed side of the market must choose from an undesirable selection of goods.
B) some high-quality goods are sold but fewer than would be sold in a market with perfect information.
C) one side of the market has better information about the goods than the other.
D) all of the above
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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6 years ago
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