Recall the Application about federal quality standards in the market for kiwifruit to answer the following question(s).Recall the Application. California kiwifruit growers had an asymmetric information problem because potential buyers:
A. do not know how much kiwifruit they will need.
B. could not tell what the price of the kiwifruit will be.
C. could not tell if a kiwifruit was sweet or sour before tasting it.
D. All of these
Answer: C
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