Why do bad oars drive out the good ones

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Why do 'bad oars drive out the good ones- in the market for used ours? O A. Buyers are not able to tell the difference between good ears and bad Ilrs, end so they are not willing to pay a high price for a used If bee-use of the signi?llnt ohanoe it will be lemon, which makes owners of good oars unwilling to sell them. Q B. Sellers of used ears are not able to determine which buyers are willing and able to pay for the good Ilrs, so only owners of bed oars offer their cars for ?le. 0 0. Sellers of good used cars ask too much for their cars, and since buyers are unwilling to pay the high prices, sellers of good ears eventually stop trying to selltheir cars, leaving only bad Ilrs in the market. 0 D. Buyers of used oars don't have enough money to buy good cars, so only bad cars are sold in the market.

Reference no: EM131447330

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