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Sublight2097 Sublight2097
wrote...
Posts: 4132
9 years ago
A sensible buyer will want to acquire additional information before committing herself as long as the expected value of the information she is gathering
A) is greater than the anticipated value of the purchase.
B) is greater than the expected cost of acquiring it.
C) will enable her to avoid all mistakes.
D) will enable her to avoid possible mistakes she will subsequently regret having made.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 196 times
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Answer verified by a subject expert
Chimelo46Chimelo46
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Top Poster
Posts: 5641
9 years ago
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Sublight2097 Author
wrote...
9 years ago
Another one in the books, marking it solved.
wrote...
9 years ago
The textbook reference in your signature really helped me narrow it down.

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