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17. a) Explain the concept of adverse selection with the example of used car market. b) Comment on the signaling effect with the education market

17. a) Explain the concept of adverse selection with the example of used car market. b) Comment on the signaling effect with the education market in which the two types of workers, able and unable, participate.
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17. a) Explain the concept of adverse selection with the example of used car market. b) Comment on-the signaling effect with the education market in which the two types of workers, able and unable, participate

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