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If the market for used stereos contains only lemons, then the market for used stereos __________. ANSWER Unselected is an example of a monopoly Unselected
If the market for used stereos contains only lemons, then the market for used stereos __________. ANSWER Unselected is an example of a monopoly Unselected suffers from an adverse selection problem Unselected is an example of a "thick" market
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
