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neezy neezy
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A year ago
A situation in which one party to a transaction has more or better information about the transaction than the other party is known as

▸ diminishing marginal returns.

▸ a positive externality.

▸ asymmetric information.

▸ moral hazard.

▸ public goods.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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rion20000rion20000
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A year ago
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neezy Author
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A year ago
Smart ... Thanks!
sakoon
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Yesterday
Thanks
KaylenePig
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2 hours ago
You make an excellent tutor!
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