How to practice: This is the new TOEFL 2026 Reading task Fill in the Missing Letters. One short academic paragraph has 10 incomplete words. The first half of each word is given; type the letters that are missing. Context, grammar, and word endings matter as much as spelling, so read the whole sentence before you type. Press CHECK when you are done.
3:20remaining
Fill in the missing letters in the paragraph.
Type the missing letters. Use Backspace to remove a letter and move back.
When a buyer cannot verify quality before purchase, the market suffers from information asym. Sellers of poor goods have every incentive to pre their products as good ones, and buyers, anticipating this, offer only an ave price. Good sellers then withdraw, and the average quality dec further, a spiral George Akerlof desc in 1970. Economists argue that the remedy is a credible si: an action that is cheap for a genuine seller but prohibitively expe for a fraudulent one. A lengthy warranty sati this condition, since only a firm confident in its product can af to honor it. Reputation works by the same lo.