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    Exam 9: Imperfect Information, External Benefits, and External Costs
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    In Order to Identify Their Used Cars as Plums (High-Quality)
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In Order to Identify Their Used Cars as Plums (High-Quality)

Question 362

Question 362

Multiple Choice

In order to identify their used cars as plums (high-quality) , many used car dealers


A) raise the minimum price of plums (high-quality) .
B) advertise their prices.
C) offer money-back guarantees.
D) raise the minimum price of lemons (low-quality) .

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