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    Exam 12: The Economics of Information
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    The Lemons Model Is Used to Analyze
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The Lemons Model Is Used to Analyze

Question 3

Question 3

Multiple Choice

The lemons model is used to analyze:


A) the market for citrus fruit.
B) markets with asymmetric information.
C) markets in which search is costly.
D) the Low-Hanging-Fruit Principle.

Correct Answer:

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