Private information is a situation in which
A) two parties to an exchange have information that is available to outsiders if they ask.
B) one party to an exchange has information that is not available to the other.
C) the marginal cost of a person's obtaining additional information is zero.
D) the marginal cost of making information available to one more person is zero.
Question 2
If Sean thinks that the choice between going to Olive Garden or Red Lobster is simply too confusing, a behavioral economist will explain that Sean is showing ________.
A) the endowment effect
B) bounded rationality
C) bounded self-interest
D) bounded will power
Information flows from the nucleus to the cytoplasm and back.
Countercurrent heat exchange in the lateral muscles of bluefin tuna.
Situation in a Guy's Life
A typical calibration code sticker on the case of a controller. The information on the sticker is ...
Flexible exchange rates are supposed to prevent long-term trade deficits.