Question: When asymmetric information problems drive high-quality products from a market, we refer to this situation as: a. adverse selection. b. moral hazard. c. a lemons

When asymmetric information problems drive high-quality products from a market, we refer to this situation as: 


a. adverse selection. 


b. moral hazard. 


c. a lemons problem.


d. A and C are correct. 


e. B and C are correct.

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