If Quality-Detection Costs Are Very Low

Multiple Choice

If quality-detection costs are very low,

A) ​lower quality products will tend to be outcompeted in the market, and the average quality will rise.
B) ​lower quality products will tend to be outcompeted in the market, but the average quality will fall.
C) ​higher quality products will tend to be outcompeted in the market, and the average quality will rise.
D) ​higher quality products will tend to be outcompeted in the market, and the average quality will fall.