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    Business
  3. Study Set
    ECON MICRO
  4. Exam
    Exam 14: Transaction Costs, asymmetric Information, and Behavioral Economics
  5. Question
    According to Stigler's Search Model,the Marginal Benefit of Acquiring Information
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According to Stigler's Search Model,the Marginal Benefit of Acquiring Information

Question 148

Question 148

True/False

According to Stigler's search model,the marginal benefit of acquiring information about a product is greater for expensive items than for cheap items.

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