The Adverse Selection of Buyers Is the Tendency

Multiple Choice

The adverse selection of buyers is the tendency

A) of buyers to make purchases that are not in their best interests.
B) of sellers to target advertising toward individuals who are unlikely to buy.
C) for the sellers to be skewed to high prices when buyers want low prices.
D) for the mix of buyers to be skewed toward more high-cost buyers when sellers don't know buyers' types.