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Author Question: In equilibrium in a mixed market: (Read 55 times)

panfilo

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on: Jul 21, 2019
In equilibrium in a mixed market:
◦ the percent of low quality goods on the market equals the buyers' estimate of the percent of low quality goods on the market.
◦ all low quality goods have been driven out of the market.
◦ the percent of low quality goods on the market equals the sellers' estimate of the percent of low quality goods on the market.
◦ 50% of the goods on the market are low quality and 50% are high quality.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by panfilo on Jul 21, 2019

BAOCHAU2803

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Reply #1 on: Jul 21, 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.
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panfilo

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Reply 2 on: Jul 21, 2019
Great answer, keep it coming :)

parshano

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Reply 3 on: Yesterday
Excellent

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