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    Survey of Economics Principles
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    Exam 9: Imperfect Information, External Benefits, and External Costs
  5. Question
    Who Is More Likely to Offer a Money-Back Guarantee: a Seller
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Who Is More Likely to Offer a Money-Back Guarantee: a Seller

Question 169

Question 169

Essay

Who is more likely to offer a money-back guarantee: a seller of a lemon or a seller of a plum? Why?

Correct Answer:

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The seller of a plum is more likely to o...

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