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    Microeconomics Study Set 10
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    Exam 10: Information
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    Information Asymmetry Is a Problem When
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Information Asymmetry Is a Problem When

Question 118

Question 118

Multiple Choice

Information asymmetry is a problem when:


A) a buyer and seller have aligned incentives.
B) a buyer and seller have opposing incentives.
C) a market is highly efficient.
D) a market is highly inefficient.

Correct Answer:

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