Suppose that there is asymmetric information in the market for used cars. sellers know the quality of the car that they are selling, but buyers do not. buyers know that there is a 40% chance of getting a "lemon", a low quality used car. a high quality used car is worth $30,000, and a low quality used car is worth $15,000.based on this probability, the most that a buyer would be willing to pay for a used car is $

Emily spent her summer vacation in buenos aires, argentina, where she got plastic surgery for a fraction of what it would cost in the united states. this is an example of:

At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation

When making a major purchase, i often spend months to learn all the issues?