Author Question: The demand schedule is a price list for a fixed basket of consumer goods following a particular ... (Read 56 times)

imanialler · **on:** Jun 30, 2018

The demand schedule is a price list for a fixed basket of consumer goods following a particular format.
a. True
b. False
Indicate whether the statement is true or false

Question 2

When consumers have perfect information about the quality of the products they purchase, the problem of adverse selection is likely to arise.
a. True
b. False
Indicate whether the statement is true or false