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sinerus sinerus
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6 years ago
In Table 9.4, Market 1 would be in equilibrium if buyers believed lemons accounted for
A) about 90.91% of the market.
B) about 74.5% of the market.
C) about 63.25% of the market.
D) about 57.65% of the market.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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trumpetsoflifetrumpetsoflife
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#1
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6 years ago
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