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One Way the "Lemons Problem" in the Used-Car Market Can

Question 5

Multiple Choice

One way the "lemons problem" in the used-car market can be mitigated is by


A) raising the price of used cars.
B) hiring auto experts to sell used cars.
C) requiring sellers to guarantee trouble-free cars.
D) allowing owners to trade in their own cars when they purchase a used car.

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