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The Market for 'Lemons': Quality Uncertainty and the Market Mechanism" [1] is a widely cited seminal paper in the field of economics which explores the concept of asymmetric information in markets. The paper was written in 1970 by George Akerlof and published in the Quarterly Journal of Economics .
When life gives you lemons, make lemonade is a proverbial phrase used to encourage optimism and a positive can-do attitude in the face of adversity or misfortune. Lemons suggest sourness or difficulty in life; making lemonade is turning them into something positive or desirable.
Citrus greening is distinguished by the common symptoms of yellowing of the veins and adjacent tissues (hence the "yellow dragon" name given by observing Chaozhou farmers as early as the 1870s [1]); followed by splotchy mottling of the entire leaf, premature defoliation, dieback of twigs, decay of feeder rootlets and lateral roots, and decline in vigor, ultimately followed by the death of the ...
The lemon, like many other cultivated Citrus species, is a hybrid, in its case of the citron and the bitter orange. [5] [6] The lemon is a hybrid of the citron and the bitter orange. [6] Taxonomic illustration by Franz Eugen Köhler, 1897 . Lemons were most likely first grown in northeast India. [7] The origin of the word lemon may be Middle ...
Citrus fruits consists of oranges, grapefruit, tangerines, limes, and lemons. The Caribbean countries which export citrus fruit are Belize, Jamaica, Puerto Rico, Guadeloupe, Dominica, Martinique & Trinidad and Tobago.
Lemon law protection arises under state law, with every U.S. state and the District of Columbia having its own lemon law. [1] Although the exact criteria vary by state, new vehicle lemon laws require that an auto manufacturer repurchase a vehicle that has a significant defect that the manufacturer is unable to repair within a reasonable amount of time. [2]
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Lemon (automobile), a defective car; Lemon (color) Lemon v. Kurtzman, a U.S. Supreme Court decision; Lemon technique, a method to determine the relative strength of thunderstorm cells; Lemon Party or Parti Citron, a frivolous Canadian political party; Lemon (geometry), the shape of, for example, an American football