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Llanis Llanis
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7 years ago
With asymmetric information firms might be reluctant to improve the quality of their products because
A) it costs them more to produce the better quality product.
B) they are not able to completely capture the benefits of the improvement.
C) consumers do not value the better product.
D) consumers are better informed about the product and value the new product less.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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ChronosChronos
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7 years ago
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Llanis Author
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7 years ago
Thank you, thank you, thank you!
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Yesterday
Helped a lot
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2 hours ago
Thanks for your help!!
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