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

Author Question: A seller's verbal assurances that a used car is a plum (high-quality car): (Read 54 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by NguyenJ on Jul 21, 2019

yasmin

  • Sr. Member
  • ****
  • Posts: 319
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.
Answer Preview
Only 25% of students answer this correctly


NguyenJ

  • Member
  • Posts: 516
Reply 2 on: Jul 21, 2019
Great answer, keep it coming :)

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

An adult male giraffe feeding high up on an acacia An adult male giraffe feeding high up on an acacia
Because of the high physical activity and the amount of energy expended by the brains of 2- to ... Because of the high physical activity and the amount of energy expended by the brains of 2- to ...
Some playgrounds near streets with heavy traffic may still have high levels of lead from gasoline ... Some playgrounds near streets with heavy traffic may still have high levels of lead from gasoline ...
A gasoline direct-injection system injects fuel under high pressure directly into the combustion ... A gasoline direct-injection system injects fuel under high pressure directly into the combustion ...
Response of corn selected for high and low oil content over 76 generations Response of corn selected for high and low oil content over 76 generations
Aphid and High Fluid Pressure Aphid and High Fluid Pressure
Video: Digestive chemicals - types & enzymes

For a complete list of videos, visit our video library