If buyers care sufficiently more about cars than do sellers, then there are prices at which transactions

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If buyers care sufficiently more about cars than do sellers, then there are prices at which transactions can occur. In that scenario, there is no longer any adverse selection (although there still may be some information asymmetry).

Indicate whether the statement is true or false, and justify your answer.

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Health Economics

ISBN: 9781137029966

1st Edition

Authors: Jay Bhattacharya, Timothy Hyde, Peter Tu

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