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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 14: Transaction Costs, Imperfect Information, and Behavioral Economics
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    When Those on the Informed Side of a Market Self-Select
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When Those on the Informed Side of a Market Self-Select

Question 163

Question 163

Multiple Choice

When those on the informed side of a market self-select, the problem of __________ occurs.


A) natural selection
B) external benefits
C) adverse selection
D) the winner's curse
E) the common pool

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