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Author Question: Which of the following is most likely to be characterized by substantial asymmetric information? a. ... (Read 81 times)

future617RT

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on: Jun 30, 2018
Which of the following is most likely to be characterized by substantial asymmetric information?
 a. a soft drink purchased in a vending machine
 b. a car wash to benefit the local high school band
 c. a collectible baseball card purchased on eBay
 d. wireless service that includes unlimited minutes and texting

Question 2

Absolute advantage is determined by comparing the opportunity costs of producing each good in different countries.
 a. True
  b. False
  Indicate whether the statement is true or false


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pangili4

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

False


future617RT

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

billybob123

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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