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Case about Asymmetric Information Assume that you are a seller in the used car market. Your car is a high quality one(plum), but in the
Case about Asymmetric Information
Assume that you are a seller in the used car market. Your car is a high quality one(plum), but in the market also has bad sellers who sell low-quality cars( lemon)
You will have an incentive to try to convey the fact that you have a good car to the potential purchasers.
Questions: Whatactionscan you do tosignal customerthat you offer a plum(good quality car) rather than a lemon?
Please give me as many actions/signal as you can.ASAP
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