It has been said that if buyers of used goods are pessimistic it becomes a self-fulfilling prophecy. In other words, buyer pessimism causes the market to have more low -quality goods. Explain why this is true.

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The Answer of It has been said that if buyers of used goods are pessimistic it becomes a self-fulfilling prophecy. In other words, buyer pessimism causes the market to have more low -quality goods. Explain why this is true.

It Has Been Said That If Buyers of Used Goods