Benjamin Sells Used Cell Phones, and Buyers Find It Difficult

Multiple Choice

Benjamin sells used cell phones, and buyers find it difficult to assess the quality of this product before buying. Which of the following statements is NOT consistent with the situation in Benjamin's market?

A) Benjamin may end up selling low-quality used cell phones.
B) Customers will pay only a low price, even if the phone quality is high.
C) Adverse selection of buyers will be present.
D) The market will skew toward low quality.