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-A Market Equilibrium with Symmetric Information Is Efficient Because

Question 54

Multiple Choice

-A market equilibrium with symmetric information is efficient because A) low-quality goods are not sold. B) consumers pay higher prices for lemons. C) sellers only offer high-quality goods. D) the goods go to the people who value them the most.
-A market equilibrium with symmetric information is efficient because


A) low-quality goods are not sold.
B) consumers pay higher prices for lemons.
C) sellers only offer high-quality goods.
D) the goods go to the people who value them the most.

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