Lemons in Used Car Market
Suppose that you, a college student of somewhat limited means, are in the market for a used pickup truck. The following ad in a local used car publication catches your eyes.
1993 Ford Ranger, bilk, 4WD, a/cAM/FM/cass., showroom condition.
Call 555-1234 after 5 p.m
This is exactly the kind of vehicle you want, so you call to inquire about the price. The price you are quoted over the phone is $2,000 lower than the price for this model with this equipment listed in a used car guidebook. Instead of being ecstatic, however, you are suspicious.
For many products, when you must pay less than the going rate, you believe you are getting a great deal. This is not necessarily the case for used cars or other durable goods because with expensive products-or, what is essentially the same thing, products with high replacement costs-you must be particularly careful about getting a lemon. Or a product of substandard quality.
In addition to asking the price, the age of a car-or any other consumer durable-is a factor when you are trying to determine whether a seller is attempting to unload a lemon. While people have all sorts of reasons for wanting to sell their cars-even relatively new cars-most people hold off until they have put many thousands of miles on a car or until the used car is several years old. You would probably be as suspicious of a car that is too new as you would a car that is too good a deal. In fact, you are probably willing to pay a high price for a high-quality used car. While this price would certainly be acceptable to the seller, the competitive market might not facilitate such trades.
1. The beginning of this passage assumes that college students
A) are very clever but not very rich.
B) Are very capable but not very diligent.
C) Have limited material resources
D) Are not rich.
2. The passage indicated that, sometimes when you find a product of an unexpectedly low price.
A) You are very happy.
B) You are rather suspicious.
C) You are filled with happiness as well as surprise.
D) You feel uneasy.
3.Lemon in this passage refers to
A) a kind of fruit.
B) A kind of new car.
C) A kind of expensive and high-quality car.
D) A product of inferior quality.
4.If you want to know if the seller is trying to unload a lemon, you
A) take the age of the car into consideration.
B) Take the price of the lemon into consideration
C) Consider how many miles the car has run.
D) Consider both the price as well as the age of the car.
5.It can be concluded from the passage that in the used car market,
A) used cars are generally cheap.
B) Used cars are generally expensive
C) Used cars are actually brand new
D) Car buyers are willing to pay a high price for a used car.
KEY: D B D D A
2016届高考英语一轮复习配套课件:Unit10Frighteningnature(必修2,共36张PPT)
2016届高考英语一轮复习配套课件:Unit9Technology(必修1,共48张PPT)
2016届高考英语一轮复习配套课件:Unit14Festivals(必修1,共41张PPT)
2016高考英语冲刺绝密档案:重点词组(21-41)
2016届高考英语一轮复习配套课件:Unit11Keytosuccess(必修3,共38张PPT)
2016届高考英语一轮复习配套课件:Unit21Bodylanguage(必修1,共38张PPT)
2016届高考英语一轮复习配套课件:Unit13Thewaterplanet(必修2,共49张PPT)
莫谈前任:与伴侣交往六禁忌
2016届高考英语一轮复习配套课件:Unit14Freedomfighters(必修2,共42张PPT)
科技万岁!通过手腕靠身体能源也能给手机充电
美国顶尖科技精英愿效力川普政府 推动国防发明创造
2016届高考英语一轮复习配套课件:Unit9Healthcare(必修3,共40张PPT)
2016届高考英语一轮复习配套课件:Unit17Greatwomen(必修1,共48张PPT)
湖南省郴州市2017届高三第二次教学质量监测英语试卷
一个警告 A Warning
2016届高考英语一轮复习配套课件:Unit9Savingtheearth(必修2,共45张PPT)
一个淘气的男孩 A Naughty Boy
2016届高考英语一轮复习配套课件:Unit11Scientificachievements(必修2,共43张PPT)
2016届高考英语一轮复习配套课件:Unit8Learningaforeignlanguage(必修3,共32张PPT)
2016届高考英语一轮复习配套课件:Unit13Healthyeating(必修1,共54张PPT)
2016届高考英语一轮复习配套课件:Unit16Findingjobs(必修3,共34张PPT)
初三50道英语陷阱题分析解答 一定要熟知
7个创意方法,帮你管理自己的压力
2016届高考英语一轮复习配套课件:Unit16TheUnitedStatesofAmerica(必修2,共37张PPT)
2016届高考英语二轮专题总复习精选综合能力专练:完形填空3
2016届高考英语一轮复习配套课件:Unit13ThemysteryoftheMoonstone(必修3,共36张PPT)
囧研究:如何高效运动?结论让我惊呆了…
2016届高考英语一轮复习配套课件:Unit15Destinations(必修2,共39张PPT)
2016届高考英语一轮复习配套课件:Unit8Sports(必修1,共46张PPT)
2016届高考英语一轮复习配套课件:Unit7AChristmasCarol(必修3,共30张PPT)
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |