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    Exam 14: Imperfect Information: Adverse Selection and Moral Hazard
  5. Question
    Asymmetric Information Occurs
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Asymmetric Information Occurs

Question 56

Question 56

Multiple Choice

Asymmetric information occurs


A) only in used good markets.
B) only in new good markets.
C) in the markets for new and used goods.
D) only in public good markets.

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