Why do bad oars drive out the good ones

Assignment Help Business Management
Reference no: EM131447330

Why do 'bad oars drive out the good ones- in the market for used ours? O A. Buyers are not able to tell the difference between good ears and bad Ilrs, end so they are not willing to pay a high price for a used If bee-use of the signi?llnt ohanoe it will be lemon, which makes owners of good oars unwilling to sell them. Q B. Sellers of used ears are not able to determine which buyers are willing and able to pay for the good Ilrs, so only owners of bed oars offer their cars for ?le. 0 0. Sellers of good used cars ask too much for their cars, and since buyers are unwilling to pay the high prices, sellers of good ears eventually stop trying to selltheir cars, leaving only bad Ilrs in the market. 0 D. Buyers of used oars don't have enough money to buy good cars, so only bad cars are sold in the market.

Reference no: EM131447330

Questions Cloud

Evaluate credibility of the information presented on website : Research: Evaluating Sources; Collaboration: Team Projects, Break into small groups and find four websites that provide business information such as company or industry news, trends, analysis, facts, or performance data.
Discussion about first lady melania trump : Identify some issues that you want to address, and explain how you would address them. Would you change her attire, have her do certain kinds of public appearances?
Conduct academic research using the librarys databases : Conduct academic research using the library's databases, like Business Source Complete via EBSCO and Business via ProQuest, as well as reliable webpages and create a minimum 4 page proposal to the CEO.
Canada experiences a long and severe depression : Suppose the economy of Canada experiences a long and severe depression. Canada is one of the largest recipients of U.S. exports. Assume exchange rates do not change.
Why do bad oars drive out the good ones : Why do 'bad oars drive out the good ones- in the market for used ours? O A. Buyers are not able to tell the difference between good ears and bad Ilrs, end so they are not willing to pay a high price for a used
What are some other barriers to criminal justice reform : As we learn in the readings, media reports of school crime tend to create misconceptions of a danger that is actually quite small for the overwhelming majority of school users. In fact, given the number of students, teachers, and other personnel i..
Describe the business : Using the library's subscription to Lexis-Nexis, EBSCO, or Internet resource, find ONE (1) example of a successful business. Describe the business. Describe the Marketing Effort in terms of: Product Strategy
Write a creative brief for a campaign of your choice : For this assignment, imagine you are the account manager for the campaign. What creative brief would you write that would result in the campaign you have chosen?
Provide opportunity for student to apply technology solution : Provide an opportunity for students to apply a technology solution to a business problem in a specific company or organization that adds value to the organization.

Reviews

Write a Review

Business Management Questions & Answers

  Terms adverse selection and moral hazard

The terms "adverse selection" and "moral hazard" are used in the lecture. Describe what these terms mean and how they may relate to any component (your choice) of the Affordable Care Act.

  Non-functional locus of control

Employees who believe that how well they perform depends more on the nature of the situation and upon factors outside of their control are demonstrating

  Inflation rate and the unemployment rate

Present a thorough analysis of the inverse relationship between inflation and unemployment reflected by the Phillips curve. Describe the importance of expectations and how they affect the actual relationship between the inflation rate and the unem..

  Best interests of our stockholders

As a board member and officer, Mr. Zuckerberg owes a fiduciary duty to our stockholders and must act in good faith in a manner he reasonably believes to be in the best interests of our stockholders. As a stockholder, even a controlling stockholder..

  Equation for the balance condition

As a decision maker in this firm, what would you do in the short term to improve the firm's condition and how might you do it? Be sure to include the equation for the balance condition in your response.

  Determine which characters perspective you will adopt

Determine which character's perspective you will adopt. Identify two or more detection questions that define obligation and prohibition within the ethical theory you have chosen.

  Calculate the level of price

Calculate the level of price, output and the amount supplied by each firm that arise in the equilibrium. Provide a labeled diagram.

  Evaluate the company business strategy

In preparation for your report, conduct your review of the organization using the following approach: Evaluate the company's business strategy and global competitiveness plan. Conduct an internal assessment using SWOT analysis

  Ability of lincoln to be a master of paradox

Using specific examples to support your response, how did President Lincoln demonstrate his ability to "be a master of paradox' as described in Lincoln on Leadership book.

  Prepare a budget of expected minimum revenues under contract

Prepare a budget of expected minimum revenues under the contract. Show the sources of revenues from the set of five films and the fee. What are the general revenue recognition criteria established under GAAP.

  Explain the criteria by which initial assessment methods

Explain the criteria by which initial assessment methods are evaluated. Are some of these criteria more important than others and explain why?

  Discuss driving forces

Discuss and explain how driving forces, such as The Aging World Population, Changes in Technology and Regional Trading Organizations effect the management of Honda Motor corporation and the development of Honda's strategy.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd