This topic contains a solution. Click here to go to the answer

Author Question: Without warranties, used car buyers can assume that all used cars are lemons because of A) moral ... (Read 111 times)

fagboi

  • Hero Member
  • *****
  • Posts: 535
Without warranties, used car buyers can assume that all used cars are lemons because of
 
  A) moral hazard.
  B) moral dilemma.
  C) adverse selection.
  D) adverse reaction.

Question 2

Price discrimination by a monopolist is less effective if the
 
  A) good can be resold.
  B) good has no substitutes.
  C) monopolist can identify buyers by willingness to pay.
  D) good cannot be resold.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katara

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

C

Answer to Question 2

A




fagboi

  • Member
  • Posts: 535
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

For a complete list of videos, visit our video library