This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An information cascade occurs when: A) the buyer of a good has more information than the seller ... (Read 142 times)

DyllonKazuo

  • Hero Member
  • *****
  • Posts: 565
on: Jun 29, 2018
An information cascade occurs when:
 
  A) the buyer of a good has more information than the seller and takes hidden actions.
  B) the seller of a good has more information about the hidden characteristics of the good.
  C) people make the same decisions as others without focusing on private information.
  D) people have contradictory information about a good they want to consume.

Question 2

Could pollution be eliminated by banning all activities harmful to the environment?
 
  A) No, because legislation is influenced by industrial lobbyists.
  B) No, because the cost of doing so would be higher than even the most dedicated environmentalist would agree to accept.
  C) Not until we have better information on the sources of pollution.
  D) Yes, if we are willing to place long-run considerations ahead of short-run profits.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

marict

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


DyllonKazuo

  • Member
  • Posts: 565
Reply 2 on: Jun 29, 2018
Gracias!

bbburns21

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

The trophic cascade hypothesis. The trophic cascade hypothesis.
Patient Information Supplied When Scheduling Hospital Admissions Patient Information Supplied When Scheduling Hospital Admissions
Websites that Provide Reliable Health Information Websites that Provide Reliable Health Information
Basic chemical structure and synthesis of catecholamines. The synthesis of norepinephrine occurs in ... Basic chemical structure and synthesis of catecholamines. The synthesis of norepinephrine occurs in ...
Gestalt Law of Good Continuation Gestalt Law of Good Continuation
Results from Kliegl's study show that older adults can learn complex information-processing Results from Kliegl's study show that older adults can learn complex information-processing
Video: Sister chromatids of a metaphase chromosome animation

For a complete list of videos, visit our video library