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If the Cost of Acquiring More Information Outweighs the Benefit

Question 124

Multiple Choice

If the cost of acquiring more information outweighs the benefit of having more information about a good,then we can predict:


A) the exchange will definitely not take place.
B) the exchange may take place anyway.
C) the exchange will not benefit anyone.
D) the exchange will take place, but will be regretted in the future.

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