The Lemon's problem is associated with: Select one: O a. how to make good investments. b....

Question

Question

The Lemons problem is associated with: Select one: O a. how to make good investments. b. how to view stocks objectively. c.

Answer 1

Answer #1

e. all poor quality investments

this theory was stated by George A. Akerlof in 1960s in a paper names "The Market of 'Lemons' : Quality Uncertainity and the Market Mechanism".

Answer 2

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