The government is considering a law that would require all sellers of used cars to provide independent

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The government is considering a law that would require all sellers of used cars to provide independent certification of their quality. Make an argument in defense of such a law, from the viewpoint of promoting social welfare.

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Price theory and applications

ISBN: 978-0538746458

8th edition

Authors: Steven E landsburg

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Question Posted: Jan 24, 2013 08:19 AM

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The government is considering a law that would require all sellers of used cars to provide independent

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It would promote social welfare in the sense that the law defines low quality v...View the full answer

Price theory and applications

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