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16.1 The problem of imperfect information and asymmetric information  (Page 20/24)

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    money-back guarantee

    a promise that the buyer’s money will be refunded under certain conditions

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Practice FlashCards 9 Key Terms 8

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Source:  OpenStax, Principles of economics. OpenStax CNX. Sep 19, 2014 Download for free at http://legacy.cnx.org/content/col11613/1.11
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