« previous next »

Author Question: The lemons model suggests that owners will have superior information about the quality of their cars ... (Read 48 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
The lemons model suggests that owners will have superior information about the quality of their cars and incentives to conceal it, to which buyers will respond by lowering their bids.
  Indicate whether the statement is true or false

Question 2

A negative externality occurs when
 A) there is rent-seeking.
  B) benefits are imposed on individuals that are not part of a transactions.
  C) there is creative destruction.
  D) costs are imposed on individuals that are not part of a transaction.


chereeb

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

T

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

lunatika

  • Hero Member
  • *****
  • Posts: 548
Reply #2 on: Jun 30, 2018
Correct answers!


chereeb

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

3D DNA Model 3D DNA Model
A Simple Neural Model of Instrumental Conditioning A Simple Neural Model of Instrumental Conditioning
Marx's Model Of The Social Classes Marx's Model Of The Social Classes
A model for mixed inhibition: equation A model for mixed inhibition: equation
A model for kinetochore structure and organization A model for kinetochore structure and organization
A Model of Natural Selection Favoring the Heterozygous Genotype A Model of Natural Selection Favoring the Heterozygous Genotype
Video: Epidural Hematoma

For a complete list of videos, visit our video library