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    Survey of Economics Principles
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    Exam 9: Imperfect Information, External Benefits, and External Costs
  5. Question
    Table 9.4 -Refer to Table 9.4. in Which Market Do Buyers Underestimate
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Table 9.4 -Refer to Table 9.4. in Which Market Do Buyers Underestimate

Question 301

Question 301

Multiple Choice

  Table 9.4 -Refer to Table 9.4. In which market do buyers underestimate the chance of getting a lemon? A)  1 and 2 only B)  1 and 3 only C)  2 and 3 only D)  none of the above Table 9.4
-Refer to Table 9.4. In which market do buyers underestimate the chance of getting a lemon?


A) 1 and 2 only
B) 1 and 3 only
C) 2 and 3 only
D) none of the above

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