Carfax offers a used car report for $39.99 that details ownership type and history, vehicle mileage, accident reports and other information. Carfax is an example of how markets try to:

addressing an inefficiency by making things worse because buyers now have to pay for the report.
	benefit from growing information disparities between buyers and sellers.
	increase adverse selection.
	reduce the lemons problem by reducing asymmetric information.

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ANSWER Carfax which provides detailed vehicle history reports exemplifies ho... View the full answer