If the used car market is a lemons market, how would you expect the repair record of

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If the used car market is a “lemons” market, how would you expect the repair record of used cars that are sold to compare with the repair record of those not sold?

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Microeconomics

ISBN: 978-0132857123

8th edition

Authors: Robert Pindyck, Daniel Rubinfeld

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Question Posted: Dec 22, 2015 02:37 AM

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If the used car market is a lemons market, how would you expect the repair record of

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In the market for used cars the seller has a better idea of the quality of the used c...View the full answer

Microeconomics

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