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    Microeconomics Theory with Applications
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    Exam 18: Assymmetric Information, the Rules of the Game, and Externalities
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    Eliminating Information Asymmetry
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Eliminating Information Asymmetry

Question 47

Question 47

Multiple Choice

Eliminating information asymmetry:


A) should be upheld by law.
B) may not be called for if done by eliminating specialization.
C) can be done costlessly.
D) is always desirable because it lowers transaction costs.

Correct Answer:

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