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    Economics Study Set 10
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    Exam 30: Market Failure Externalities Public Goods and Asymmetric Information
  5. Question
    The Buyer of a Good Has Less Information Than the Seller
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The Buyer of a Good Has Less Information Than the Seller

Question 176

Question 176

Multiple Choice

The buyer of a good has less information than the seller of the good. This is a case of


A) externality information.
B) free ridership.
C) asymmetric information.
D) biased information.
E) a public good not being a private good.

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