4 you are considering buying a used ford focus from

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Unformatted text preview: duals who buy health insurance after the price hike likely to compare to the health of individuals who bought health insurance before the price hike? 4. You are considering buying a used Ford Focus. From reading car magazines, you know that half of all Ford Focuses have mechanical problems (that is, they’re lemons), and the other half run just fine (that is, they’re plums). You’re willing to pay $10,000 for a plum, but only $4,000 for a lemon. People who own plums are...
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This note was uploaded on 02/13/2014 for the course ECON 2 taught by Professor Kim during the Winter '08 term at UCSD.

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