Microeconomics (2nd Edition) (Pearson Series in Economics)
Microeconomics (2nd Edition) (Pearson Series in Economics)
2nd Edition
ISBN: 9780134492049
Author: Daron Acemoglu, David Laibson, John List
Publisher: PEARSON
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Chapter 16, Problem 4P
To determine

Why peaches will be inspected and sold at $4,000, while lemons will not be inspected and sold at $200.

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