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  3. Study Set
    Economics-Microeconomics
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    Exam 20: Uncertainty and Information
  5. Question
    Warranties in the Used Car Market ________ the Problem of Private
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Warranties in the Used Car Market ________ the Problem of Private

Question 8

Question 8

Multiple Choice

Warranties in the used car market ________ the problem of private information thereby causing the price of good and bad used cars to ________.


A) reduce; be the same
B) reduce; differ
C) magnify; be the same
D) magnify; differ

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