Question
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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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
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