information that is available only to the current owner. The buyer cant tell whether the car for

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information that is available only to the current owner. The buyer can’t tell whether the car for sale is a lemon until after buying it, driving it for a few weeks, and learning as much about it as its current owner knows.

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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