Author Question: Which of the following is an example of asymmetric information? a. A student adopting unfair means ... (Read 20 times)

hubes95

  • Hero Member
  • *****
  • Posts: 561
Which of the following is an example of asymmetric information?
 a. A student adopting unfair means to complete his/her assignment.
  b. A commodity trader buying goods at a low price and selling them off at a high price.
  c. A builder selling houses built on property that is zoned for industrial use.
  d. A buyer paying a pre-contracted price which is lower than the current market price.

Question 2

Government rules and regulations can
 A) never enhance trade
  B) add information to an efficient market
  C) enhance trade
  D) all of these choices



amit

  • Sr. Member
  • ****
  • Posts: 364
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

For a complete list of videos, visit our video library