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Which of the following statements is false ? Group of answer choices Asymmetric information can exist both before and after a transaction. Moral hazard occurs

Which of the following statements isfalse?

Group of answer choices

Asymmetric information can exist both before and after a transaction.

Moral hazard occurs when one party to a transaction changes his or her behavior in a way that is hidden from and costly to the other party.

Adverse selection has the potential to eliminate some markets.

none of the above

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