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nguyenduong67 nguyenduong67
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6 years ago
Suppose you own a plum (high-quality) used car that you are thinking about selling. Further, suppose you know that buyers assume that there is a 30% chance of getting a plum, and that 8 of 10 cars currently in the used car market are lemons (low-quality). Would you likely sell your car?
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Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
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Quinn1981Quinn1981
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nguyenduong67 Author
wrote...

6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
vernonb
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Yesterday
Smart ... Thanks!
einstein
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2 hours ago
This helped my grade so much Perfect
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