What do economists (and used-car dealers) mean by a lemon?

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What do economists (and used-car dealers) mean by a “lemon”?

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Oct 31, 2023 09:42 AM

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What do economists (and used-car dealers) mean by a lemon?

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In economics and in the context of usedcar dealers a lemon refers to a lowquality or defective prod...View the full answer

Principles Of Economics

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