Relative to a Market with Perfect Information, in a Market

Multiple Choice

Relative to a market with perfect information, in a market with imperfect information

A) some goods will be sold in small quantities or not at all.
B) more than the equilibrium quantity of goods will be sold.
C) the equilibrium quantity will be sold, but at a price higher than the equilibrium price.
D) the equilibrium quantity will be sold for the equilibrium price.