How can Larry signal that he is selling a good car so that you are willing to

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How can Larry signal that he is selling a good car so that you are willing to pay Larry the price that he knows his car is worth, and a higher price than what you are willing to offer Harry?

Larry has a good car that he wants to sell; Harry has a lemon that he wants to sell. Each knows what type of car he is selling. You are looking at used cars and plan to buy one.

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Related Book For  answer-question

Microeconomics

ISBN: 978-1292094632

12th edition

Authors: Michael Parkin

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