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When sellers have more information about products than buyers do, we would expect:

Satsume

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6 years ago

When sellers have more information about products than buyers do, we would expect:

When sellers have more information about products than buyers do, we would expect
A) sellers to get higher prices for their goods than they could otherwise.
B) buyers to pay lower prices for goods than they would otherwise.
C) high-quality goods to drive low-quality goods out of the market.
D) low-quality goods to drive high-quality goods out of the market.

Textbook

Microeconomics

Microeconomics

Edition: 8^th

Author: Pindyck

Read 146 times

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boransal

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6 years ago

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Yerzhanbek Y.

wrote...

#2

4 years ago

thanks

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