One way the lemons problem in the used-car market can be ...

[cartlidgeashley]

One way the lemons problem in the used-car market can be mitigated is by
 a. raising the price of used cars.
  b. hiring auto experts to sell used cars.
  c. requiring sellers to guarantee trouble-free cars.
  d. allowing owners to trade in their own cars when they purchase a used car.

Question 2

In the Spence education signaling model, what is the social value of education?
 a. Employees improve their ability to perform on the job.
  b. Employers can use education as a screen to match talented employees with high-skill jobs.
  c. Employers can save the costs of on-the-job training, which is less efficient than a general education.
  d. It allows low-ability employees to apply for high-salary jobs.

[lucas dlamini]

Answer to Question 1

c

Answer to Question 2

b