Business, 22.06.2019 13:50 veronica25681

When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars

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When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signa...