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Consider the situation of information asymmetry in the used car market. Which of the following is a possible government tool to prevent the used car

Consider the situation of information asymmetry in the used car market. Which of the following is a possible government tool to prevent the used car market from breaking down

Group of answer choices

1.Private reputation

2.Mandating increased prices

3.Putting lemon laws into place

4.restricting the number of car dealerships

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