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AndrewKraus AndrewKraus
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6 years ago
Which of the following is true of a used-car market?
A) Sellers have more information than the buyers.
B) Gains from trade do not exist in this market.
C) The cars sold are identical in quality.
D) There is no consumer surplus in this market.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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losteinlostein
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6 years ago
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AndrewKraus Author
wrote...
6 years ago
Excellent answer, thx
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