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Which of the following represents a market failure?
a. shopping for used cars when the seller has private information about the car unavailable to the buyer
b. shopping for breakfast cereal and comparing nutritional labels
c. deciding which firm's stock to purchase by looking at their publicly disclosed financial statements
d. none of the above
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Answers: 3
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Which of the following represents a market failure?
a. shopping for used cars when the...
a. shopping for used cars when the...
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