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sinerus sinerus
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6 years ago
A seller's verbal assurances that a used car is a plum (high-quality car)
A) is a more efficient way to prove high quality than a money-back guarantee because it does not cost the seller any money to make the assurance.
B) is an effective way for sellers to prove that the good they are selling is of high quality.
C) provides the same protection against adverse selection than does a repair guarantee.
D) is not effective at reducing the problems associated with asymmetric information.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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6 years ago
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sinerus Author
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6 years ago
this is exactly what I needed
54321abs
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Yesterday
Brilliant ツ
vernonb
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2 hours ago
Thanks for your help!!
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