Examlex
According to which model are attitudes described variously as containing thoughts, ideas, feelings, likes, dislikes and behavioural intentions?
Lemons
In economics, refers to a lower-quality product that is difficult to distinguish from higher-quality products before purchase, notably used in a market context where there is information asymmetry between buyers and sellers.
Adverse Selection
A situation where asymmetric information results in high-risk individuals being more likely to participate in a market, leading to an imbalance in the market.
Durability
The quality of being able to withstand wear, pressure, or damage; the ability of a product to last for a long time.
Used-Toyota Market
A specific segment of the automobile market dealing with the buying and selling of pre-owned Toyota vehicles.
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