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tatuchka [14]
1 year ago
15

Which level of quality of information would eventually exist in the market for lemons assuming there was no way to gain assuranc

e regarding the accuracy of the information?
Business
1 answer:
Neko [114]1 year ago
3 0

The level of quality of information would eventually exist in the market for lemons assuming there was no way to gain assurance regarding the accuracy of the information would be low only.

In the given scenario we are given that there is no way to reassure ourselves that the information is accurate about the lemons in the existing market.

So we can not be a hundred percent sure that the information regarding the lemons existing in the market is correct.

As a result, if there was no method to verify the authenticity of the information, only low-quality information would eventually be available in the market for lemons.

Learn more about the market:

brainly.com/question/25754149

#SPJ4

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Daniel is the owner of a footwear manufacturing company. To increase the production of footwear on a weekly basis, he orders his
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3 years ago
Krazy Kayaks sells its entryminuslevel kayaks for​ $750 each. Its variable cost is​ $500 per kayak. Fixed costs are​ $25,000 per
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Net operating income= 565,000

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7 0
2 years ago
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True.

I hope this helps! :)
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3 years ago
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