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Author Question: If you sell your DVD player on eBay, you will be better informed about the quality of the product ... (Read 81 times)

Engineer

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If you sell your DVD player on eBay, you will be better informed about the quality of the product than any potential buyer. This is called
 
  A) adverse selection.
  B) asymmetric information.
  C) moral hazard.
  D) opportunistic behavior.

Question 2

Adverse selection can occur when
 
  A) all persons involved in a transaction have full information.
  B) one person has information not available to others.
  C) post-agreement incentives result in workers shirking.
  D) nobody has any information about a particular product.


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Jane

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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