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Author Question: In the market for newly developed real estate, adverse selection could occur when a. The buyers can ... (Read 82 times)

dakota nelson

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on: Jul 1, 2018
In the market for newly developed real estate, adverse selection could occur when
 a. The buyers can observe and detect all the features of the properties
 b. The buyers know more about the property than the developers
 c. The developers of the property know more about the properties than the buyers
  d. Neither parties knows about the item properly

Question 2

The authors feel subsidies destroy wealth because
 a. subsidies move assets from lower- to higher- valued uses
  b. subsidies move assets from higher- to lower- valued uses
  c. subsidies help producers only
  d. subsidies help consumers only


macagn

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

b


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dakota nelson

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Reply #2 on: Jul 1, 2018
Thank you


macagn

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Reply #3 on: Jul 1, 2018
No problemo


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