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    Microeconomics Study Set 32
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    Exam 16: Asymmetric Information
  5. Question
    Warranties on Products _____ Asymmetric Information, but They Do _____
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Warranties on Products _____ Asymmetric Information, but They Do _____

Question 45

Question 45

Multiple Choice

Warranties on products _____ asymmetric information, but they do _____ the lemons problem.


A) reduce; not reduce
B) do not eliminate; reduce
C) increase; not reduce
D) do eliminate; increase

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