[Solved] One way the “lemons problem” in the used-car industry can be mitigated is by

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Q.	One way the “lemons problem” in the used-car industry can be mitigated is by
A.	raising the price of used cars.
B.	hiring auto experts to sell used cars.
C.	requiring sellers to guarantee trouble-free cars.
D.	allowing owners to trade in their own cars when they purchase a used car.
Answer» C. requiring sellers to guarantee trouble-free cars.

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MicroEconomics, Theory and Applications 2

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