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yuknam yuknam
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Posts: 503
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5 years ago
Which of the following is the outcome of the lemons problem in the used-car market?

• Only high-quality cars will be traded in the market.

• Only low-quality cars will be traded in the market.

• Both low-quality and high-quality cars will be traded in the market.

• No cars will be traded in the market.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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5 years ago
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yuknam Author
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5 years ago
Helped a lot
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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