Multiple Choice
Which pricing approach for a restaurant would have the greatest risk of adverse selection due to buyers having private information?
A) Offering a set price all-you-can-eat buffet.
B) Offering small- and large-plate versions of each entrée with different prices.
C) Pricing each menu item based on its cost of production.
D) Charging a price per ounce and weighing each plate.
Correct Answer:

Verified
Correct Answer:
Verified
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