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tuggy tuggy
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Posts: 864
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6 years ago
The used car market has a significant amount of adverse selection because
A) the seller knows more about the car than the buyer.
B) the buyer can easily find out more about the car than the seller.
C) buyers and sellers rarely have enough information.
D) the transaction costs of the used car market are prohibitive.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
Read 54 times
1 Reply
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SimplemanSimpleman
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6 years ago
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tuggy Author
wrote...

6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Correct Slight Smile TY
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2 hours ago
this is exactly what I needed
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