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2 Nov 2020
3. If potential buyers have difficulty separating lemons from good used cars, what will they do?
a. They will take this into account in the prices they are willing to pay.
b. They will not take this into account in the prices they are willing to pay.
c. They will be absolutely indifferent between cars, and will pay the same price for either type of car.
d. They will pay a price for a car that is always too high.
3. If potential buyers have difficulty separating lemons from good used cars, what will they do?
a. They will take this into account in the prices they are willing to pay.
b. They will not take this into account in the prices they are willing to pay.
c. They will be absolutely indifferent between cars, and will pay the same price for either type of car.
d. They will pay a price for a car that is always too high.
Raushan RajLv8
2 Nov 2020