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  3. Study Set
    Microeconomics
  4. Exam
    Exam 16: The Economics of Information
  5. Question
    Asymmetric Information in a Market Can Lead to ________
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Asymmetric Information in a Market Can Lead to ________

Question 58

Question 58

Multiple Choice

Asymmetric information in a market can lead to ________.


A) market failure
B) the moral hazard problem
C) the free-rider problem
D) the tragedy of the commons

Correct Answer:

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