Sellers of good-quality used cars are not able to sell for a price they are willing to accept. This is:
A) moral hazard.
B) a principal-agent problem.
C) an information asymmetry.
D) a market failure.

Question

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The Answer of Sellers of good-quality used cars are not able to sell for a price they are willing to accept. This is:
A) moral hazard.
B) a principal-agent problem.
C) an information asymmetry.
D) a market failure.

Sellers of Good-Quality Used Cars Are Not Able to Sell