Business, 07.04.2020 17:24 ginocousins06
If notorious firm behavior (i. e., defrauding a buyer of high-priced experience goods by delivering low quality) becomes known throughout the marketplace only with a lag of three periods, profits on high-quality transactions remain the same, and interest rates rise slightly, are customers more likely or less likely to agree to pay high prices for an experience good?
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If notorious firm behavior (i. e., defrauding a buyer of high-priced experience goods by delivering...
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