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Which of the following is a means of eliminating the undesirable effects of adverse selection? Multiple Choice A long-term relationship Writing a contract to guarantee

Which of the following is a means of eliminating the undesirable effects of adverse selection?

Multiple Choice

  • A long-term relationship
  • Writing a contract to guarantee the quality
  • None of the statements is correct.
  • Both a long-term relationship and writing a contract to guarantee the quality

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