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Author Question: Situations in which one party to a transaction has special knowledge are known as (Read 336 times)

0220521

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Question 1

A situation in which one party to a transaction has more or better information about the transaction than the other party is known as
◦ diminishing marginal returns.
◦ a positive externality.
◦ asymmetric information.
◦ moral hazard.
◦ public goods.

Question 2

Situations in which one party to a transaction has special knowledge are known as
◦ asymmetric information.
◦ the free-rider problem.
◦ adverse selection.
◦ symmetric information.
◦ a positive externality.


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Marked as best answer by 0220521 on Oct 12, 2022

brunoanthony

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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0220521

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Reply 2 on: Oct 12, 2022
Excellent


samiel-sayed

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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