In some markets for used goods:
a. the seller has more information than the buyer about the q...
Social Studies, 17.04.2020 20:20 jo1720
In some markets for used goods:
a. the seller has more information than the buyer about the quality of the good.
b. the buyer has more information than the seller about the quality of the good.
c. the quality of used goods sold in the market will typically rise over time.
d. low-quality used goods will be underpriced.
Answers: 2
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