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    Exam 23: Moral Hazard and Adverse Selection: Informational Market Failures
  5. Question
    If a Reputation for Bad Service Would Ruin a Restaurant
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If a Reputation for Bad Service Would Ruin a Restaurant

Question 7

Question 7

Multiple Choice

If a reputation for bad service would ruin a restaurant, the owner of the restaurant cannot afford to hire


A) good workers
B) bad workers
C) any workers

Correct Answer:

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