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When important information is withheld in a market transaction by either the buyer or the seller, the price will be flawed, resulting in less than
When important information is withheld in a market transaction by either the buyer or the seller, the price will be flawed, resulting in less than optimal decisions, and occurs. ( a.) a market failure ( b.) correct resource allocation ( c.) a socially optimal outcome ( d.) information symmetry
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International Economics
Authors: Dominick Salvatore
11th edition
978-1118177938, 1118177932, 1119915732, 978-1118476017, 1118476018, 978-1119915737
