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Market failure will most likely arise from asymmetric information when the product is: a. Easily evaluated for quality upon inspection by the consumer b. A

Market failure will most likely arise from asymmetric information when the product is:

a. Easily evaluated for quality upon inspection by the consumer

b. A frequently purchased item for consumers, like disposable razor blades

c. Sold under an easily recognizable brand logo

d. Unlikely to be purchased from the same seller in the future

I KNOW THE ANSWER IS a. BUT WHY?? thank you.

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