Author Question: Which of the following is an example of asymmetric information? a. A student adopting unfair means ... (Read 54 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?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

For a complete list of videos, visit our video library