The seller of a new car is aware that some of the advertised features may not work
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Question:
The seller of a new car is aware that some of the advertised features may not work as advertised because of known software issues, but the buyers are not aware of this. What kind of market failure is this, and what is the imbalance that arises as a result?
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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