Multiple Choice
Which of the following statements is true regarding potential information problems faced by consumers?
A) Sellers have little incentive to inform customers about their products.
B) The market provides consumers with a strong incentive to acquire information.
C) Information problems tend to be most problematic for items consumers purchase regularly.
D) In markets, people make all decisions with full information.
Correct Answer:

Verified
Correct Answer:
Verified
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