Author Question: Which of the following is an example of asymmetric information? a. A student adopting unfair means ... (Read 40 times)

hubes95

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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

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Answer to Question 1

C

Answer to Question 2

C



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