Without warranties, used car buyers can assume that all used cars ...

[fagboi]

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.

[katara]

Answer to Question 1

C

Answer to Question 2

A

[fagboi]

TYSM

[mcarey591]

Gracias!