In which of the following markets are information problems likely to be most serious?

Name: In which of the following markets are information problems likely to be most serious?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Automotive repair service involves technical knowledge and skills that most consumers do not possess. As a result, consumers may be easily misled or taken advantage of by unscrupulous mechanics who can create or exaggerate repairs needed. This makes it a market where information problems are likely to be most serious.

In Which of the Following Markets Are Information Problems Likely