The Lemons Model Predicts That the Market Price of High-Quality

Multiple Choice

The lemons model predicts that the market price of high-quality used cars will be ________ the true value of high-quality used cars, so that only relatively ________ cars will be put up for sale in market.

A) greater than; high-quality
B) less than; high-quality
C) greater than; low-quality
D) less than; low-quality