jeath3239 jeath3239
  • 01-01-2018
  • Business
contestada

Where there is asymmetric information between buyers and sellers:?

Respuesta :

meerkat18
meerkat18 meerkat18
  • 15-01-2018
Where there is asymmetric information between buyers and sellers. The markets can produce inefficient outcomes. 
Asymmetric information constantly invoked as information failure, is present whenever one party to a commercial agreement possesses a larger material knowledge than the other party.
Answer Link

Otras preguntas

Do / can whole muscle fibers tear?
For organisms like algae and other protists, certain bacteria, and plants, photosynthesis is a critical process. Why is the process of photosynthesis essential
Nelly was reading about ecological pesticides. She found a website that said that skeletons of some organisms settle as sediments in the ocean. They are then us
What is the best definition of judicial review as established by Marbury v. Madison? O A. The Supreme Court has the power to establish lower federal courts. O B
7 is the mean proportional between 2 and a number. Find the number, show all work.
Which ordered pair is a solution to the system of inequalities Y<|x| Y<-2x-1
- 4ac 2a True O False
simplify x^2-9/x^2-3x
What unit of measurement pertains to the number of microscopic molecules in a sample?
Rihanna wants to purchase a dishwasher and is shopping around at different stores. Which two benefits can Rihanna get from using credit instead of cash for her