Asymmetric information in the Lemons Market results in:
A. Gradual fall of average price.
B. Gradual withdrawal of better quality products.
C. Adverse selection by one of the parties
D. Gradual withdrawal of inferior quality products.
Choose the correct answer from the options given below:
1
A Only
2
A, C Only
3
A, B, D Only
4
A, B, C Only