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Which One of the Following Is NOT True of a Thin

Question 145

Multiple Choice

Which one of the following is NOT true of a thin market?


A) It is caused by asymmetric information.
B) There are relatively few high-quality goods sold.
C) There may be some sellers of high-quality goods because people are in a hurry to sell.
D) The price of the good sold will be higher than if the market were thicker.

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