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Author Question: A seller's verbal assurances that a used car is a plum (high-quality car): (Read 35 times)

NguyenJ

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on: Jul 21, 2019
A seller's verbal assurances that a used car is a plum (high-quality car):
◦ is an effective way for sellers to prove that the good they are selling is of high quality.
◦ is not effective at reducing the problems associated with asymmetric information.
◦ provides the same protection against adverse selection than does a repair guarantee.
◦ is a more efficient way to prove high quality than a money-back guarantee because it does not cost the seller any money to make the assurance.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by NguyenJ on Jul 21, 2019

yasmin

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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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NguyenJ

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Reply 2 on: Jul 21, 2019
Thanks for the timely response, appreciate it

isabelt_18

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Reply 3 on: Yesterday
Excellent

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