[Answer] we will have a thin market for used cars if the minimum supply price for plums is ___ than the willingness to pay for a lemon

Answer: less

Most relevant text from all around the web:

we will have a thin market for used cars if the minimum supply price for plums is ___ than the willingness to pay for a lemon we will have a thin market for used cars if the minimum supply price for plums is ___ than the willingness to pay for a lemon less an increase in the supply of marketable pollution permits will shift the supply curve for permits to the ____ and ___ the equilibrium price of permits 14.1 We will have a thin market for used cars if the minimum supply price for plums (high-quality cars ) is less than the willingness to pay for a lemon. Suppose you are willing to pay $1 000 for a low-quality used car and $5 000 for a high-quality used car . If there is a 70 percent chance of getting a low-quality car and a 30 percent chance of getting a high-quality car you are willing to pay $2 200 for a … We will have a thin market for used cars if the minimum supply price for plums (high quality) is _____ (greater than /less than ) the willingness to pay for a lemon . Step-by-step solution: 1.4. We will have a thin market for used cars if the minimum supply price for plums (high quality) is (greater than /less than ) the willingness to pay for a lemon . 1.5. Arrows up or down: A decrease in the minimum supply price for a plum (high quality) shifts the plum supply curve and the likelihood of … Tue Oct 15 2019 · 103) In a market for used cars if the minimum supply price for plums is lower than consumers' willingness to pay for a lemon only plums will be supplied at the consumers' willingness to pay for...

Disclaimer: 

Our tool is still learning and trying its best to find the correct answer to your question. Now its your turn, "The more we share The more we have". Comment any other details to improve the description, we will update answer while you visit us next time...Kindly check our comments section, Sometimes our tool may wrong but not our users.

Are We Wrong To Think We're Right? Then Give Right Answer Below As Comment