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udy knows that her car is a lemon and offers it for sale. If the used-car market is working efficiently, will buyers know whether her
udy knows that her car is a lemon and offers it for sale. If the used-car market is working efficiently, will buyers know whether her car is a lemon? Why or why not? Question content area bottom Part 1 Buyers _______ know her car is a lemon because _______. A. will; an efficient used car market has a pooling equilibrium B. will; the price will be lower than the price of a good used car and she offers no warranty C. will not; sellers of used cars are not honest D. will not; even if the market is efficient a buyer can never be sure of the quality of a used car E. will; in an efficient market, owners of used cars are hones
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