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Buyers of Used Automobiles Are Not Privy to the Same

Question 143

Multiple Choice

Buyers of used automobiles are not privy to the same information as sellers are. Private information in this case does NOT lead to:


A) lower prices for cars.
B) a shortage of used cars on the market.
C) many mutually beneficial transactions not taking place.
D) potential sellers willing to sell only at high prices.

Correct Answer:

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