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  3. Study Set
    Survey of Economics Principles
  4. Exam
    Exam 9: Imperfect Information, External Benefits, and External Costs
  5. Question
    Table 9.1 -Refer to Table 9.1. in Which Market Do Buyers Underestimate
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Table 9.1 -Refer to Table 9.1. in Which Market Do Buyers Underestimate

Question 240

Question 240

Multiple Choice

  Table 9.1 -Refer to Table 9.1. In which market do buyers underestimate the chance of getting a lemon? A)  1 only B)  2 only C)  3 only D)  1 and 3 only Table 9.1
-Refer to Table 9.1. In which market do buyers underestimate the chance of getting a lemon?


A) 1 only
B) 2 only
C) 3 only
D) 1 and 3 only

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