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Consider adverse selection in a used car market. If sellers are rational, the average price being offered for used cars will result in: Group of
Consider adverse selection in a used car market. If sellers are rational, the average price being offered for used cars will result in: Group of answer choices an equal proportion of good cars and lemons being sold in an inefficient market. a larger proportion of lemons being offered. an equal proportion of good cars and lemons being sold in an efficient market. a larger proportion of good cars being offered
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