Author Question: A buyer and a seller equally aware of market conditions enter into a contract to exchange a good at ... (Read 36 times)

mcmcdaniel

  • Hero Member
  • *****
  • Posts: 550
A buyer and a seller equally aware of market conditions enter into a contract to exchange a good at some date in the future. If the buyer benefits while the seller loses because the former anticipated the market price more accurately, the seller's loss can be attributed to asymmetric information.
  Indicate whether the statement is true or false

Question 2

If the market is unable to allocate resources then
 A) there is market failure.
  B) there is rent-seeking.
  C) there are no free-riders.
  D) none of these choices.



AaaA

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

F

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

For a complete list of videos, visit our video library