The __________ it is for the buyer to assess the ________ of the used good,the __________ the lemons model will be.

Question

Quizplus · Accepted Answer

According to the lemons model, the more difficult it is for a buyer to assess the quality of a used good, the less relevant the model will be. Therefore, the correct answer is C, as it states that the easier it is for the buyer to assess the quality, the less relevant the lemons model will be. Choice A is incorrect because it mentions "quantity" instead of "quality," and choice B is incorrect because it states that the more quality is assessable, the more relevant the model is. Choices D and E are incorrect because they contradict the logic of the lemons model.

The __________ It Is for the Buyer to Assess the ________

The __ It Is for the Buyer to Assess the