This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the used car market with warranties, the equilibrium is a ________ and there is ________. (Read 25 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
on: May 24, 2019
In the used car market with warranties, the equilibrium is a ________ and there is ________.
◦ pooling equilibrium; inefficiency, partly because of oversupply of good cars
◦ pooling equilibrium; inefficiency, partly because of oversupply of lemons (poor quality used cars)
◦ separating equilibrium; no inefficiency
◦ separating equilibrium; inefficiency, partly because of oversupply of lemons (poor quality used cars)
◦ pooling equilibrium; no inefficiency
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by audragclark on May 24, 2019

okolip

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: May 24, 2019
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.
Answer Preview
Only 56% of students answer this correctly


audragclark

  • Member
  • Posts: 579
Reply 2 on: May 24, 2019
Thanks for the timely response, appreciate it

LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Many types of edible fungi are grown for the market. Many types of edible fungi are grown for the market.
Wilson and Simberloff's experiments on the equilibrium model of biogeography. Wilson and Simberloff's experiments on the equilibrium model of biogeography.
All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
Main Hall, Trajan's Market Main Hall, Trajan's Market
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Video: Lipid absorption - end products & transport mechanism

For a complete list of videos, visit our video library