Asymmetric information is when . there is an equity-efficiency trade-off in the outcome of a transaction. A () B. both parties to a transaction are missing the same important piece of information. C. both parties to a transaction have the same information but fail to conclude the transaction. D . one party to a transaction has different information from the otherinformation that the other party cares about. The two kinds of asymmetric information are () A. "lemons" and "peaches." ( B. moral hazard and adverse selection. () C. principal-agent relationship and signaling. () D. hidden characteristics and hidden actions