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    Microeconomics
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    Exam 22: Asymmetric Information in Competitive Markets
  5. Question
    If All Consumers Are Willing to Buy Insurance at the Zero-Profit
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If All Consumers Are Willing to Buy Insurance at the Zero-Profit

Question 17

Question 17

True/False

If all consumers are willing to buy insurance at the zero-profit pooling price, there cannot be a separating equilibrium.

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