One way to overcome an adverse selection problem when buying a used car is to hire an independent mechanic to inspect the car before making a purchase.

Question

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Hiring an independent mechanic to inspect the car can help overcome adverse selection because the mechanic will be able to identify any potential problems or issues with the car that may not be apparent to the buyer. This can help the buyer make a more informed decision about whether or not to purchase the car and at what price.

One Way to Overcome an Adverse Selection Problem When Buying