Pat Goes to the Local Electronics Store to Learn About

Multiple Choice

Pat goes to the local electronics store to learn about high-end audio equipment. The salesperson spends an hour talking with Pat and demonstrating equipment. Pat then leaves and orders an audio system on the Internet for $250 less than the price at the store. Pat's behavior:

A) is illegal.
B) is a form of statistical discrimination.
C) illustrates the free-rider problem.
D) illustrates the problem of adverse selection.