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    ECON MICRO
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    Exam 14: Transaction Costs, asymmetric Information, and Behavioral Economics
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    Which of the Following Problems Is Most Likely to Occur
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Which of the Following Problems Is Most Likely to Occur

Question 101

Question 101

Multiple Choice

Which of the following problems is most likely to occur if an individual hires an attorney for her child's custody suit?


A) the winner's curse
B) the unbounded rationality problem
C) a principal-agent problem
D) an adverse selection problem
E) a moral hazard problem

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