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taker, experienced losses 28. It is inefficient to be over-informed because a. the marginal cost from the last unit of information is less than
taker, experienced losses 28. It is inefficient to be "over-informed" because a. the marginal cost from the last unit of information is less than its marginal benefit b. the marginal benefit from the last unit of information is less than its marginal cost c. Over-information always comes from a monopoly market, and a monopoly market is not in the best interest of society d. That statement is incorrect, there is no such thing as being "over-informed" e. "Caveat emptor" (Let the buyer beware)
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