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    Exam 23: Moral Hazard and Adverse Selection: Informational Market Failures
  5. Question
    Asymmetric Information Causes _______________ for Car Repair Experts
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Asymmetric Information Causes _______________ for Car Repair Experts

Question 28

Question 28

Multiple Choice

Asymmetric information causes _______________ for car repair experts.


A) Nash equilibrium
B) moral hazard
C) adverse selection

Correct Answer:

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