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kolitchko kolitchko
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6 years ago
The "lemons problem" is overcome in the used car market by
A) strict government regulation of private deals between individual buyers and sellers of used cars.
B) most used cars selling for well below their true values.
C) "lemon insurance" policies being offered by insurance companies.
D) the existence of used car dealers who are concerned about maintaining their reputations.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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Wars-Like-ThisWars-Like-This
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6 years ago
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kolitchko Author
wrote...

6 years ago
Just got PERFECT on my quiz
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Yesterday
Good timing, thanks!
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2 hours ago
Helped a lot
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