both parties are equally well informed the government is bet
both parties are equally well informed. the government is better informed than either of the two parties. D Question 36 2.5 pts Adverse selection occurs when the overall quality of choices facing a consumer is very low. A: is a greater problem for employees than employers. Q: O occurs more frequently in the market for new cars than used cars. A: is not easily remedied by free markets. Question 37 2.5 pts A: 8.
Solution
Adverse selection occurs when the overall quality of choices facing a consumer is very low.
So, the correct answer is \" occurs when the overall quality of choices facing a consumer is very low\".
