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thanhha78 thanhha78
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6 years ago
Suppose you notice that the market for used bikes is dominated by lemons (low-quality bikes). In such a situation, if you are a buyer of used bikes, you are faced with
A) symmetric information.
B) an adverse selection problem.
C) a positive externality.
D) perfect information.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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tristiontristion
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thanhha78 Author
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6 years ago
this is exactly what I needed
gage
wrote...

Yesterday
Thanks for your help!!
taydav
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2 hours ago
Helped a lot
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