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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
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6 years ago
Helped a lot
Morgan-C
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Thanks
alpheratz
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This site is awesome
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