× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
j
3
s
3
j
2
J
2
e
2
n
2
t
2
d
2
b
2
t
2
J
2
b
2
New Topic  
nakungth nakungth
wrote...
Posts: 1175
Rep: 3 0
7 years ago
Used cars sell for much less than new cars because
A) of imperfect competition in the automobile industry.
B) buyers know much more about the quality of used cars than sellers do.
C) sellers know much more about the quality of used cars than buyers do.
D) physical depreciation of used cars is very high.
E) of licensing arrangements by the government.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 87 times
2 Replies

Related Topics

Replies
wrote...
7 years ago
C
nakungth Author
wrote...
6 years ago
Thanks, very pleased with your answer
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  845 People Browsing
Related Images
  
 112
  
 2260
  
 732
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 485