Author Question: Which of the following can be a solution to the lemons problem? a. Providing testimonials from ... (Read 66 times)

mp14 · **on:** Jun 30, 2018

Which of the following can be a solution to the lemons problem?
a. Providing testimonials from previous buyers.
b. Providing accessories to be used in the car.
c. Providing discount on the purchase of a car.
d. Providing a warranty that covers the costs of certain repairs.

Question 2

A possible problem of democracy
A) is moral hazard.
B) is protected property rights.
C) is mob rule.
D) none of these choices is a problem.