In Markets with Imperfect Information

Multiple Choice

In markets with imperfect information

A) buyers and sellers will use resources to acquire information before making decisions.
B) buyers will use resources to acquire information before making a decision, but sellers do not need to acquire additional information before making a decision.
C) sellers will use resources to acquire information before making a decision, but buyers do not need to acquire additional information before making a decision.
D) neither buyers nor sellers will be able to acquire information in order to make decisions.