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Sublight2097 Sublight2097
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Posts: 4132
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9 years ago
Information is a scarce good because
A) buyers typically know more than sellers about the products they are selling.
B) competition encourages buyers and sellers to conceal a portion of what they know.
C) its possession enables people to increase their wealth, and it cannot be acquired without cost.
D) sellers typically know more than buyers about the products they are selling.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 152 times
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Chimelo46Chimelo46
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#1
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8 years ago
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Sublight2097 Author
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#2
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
wrote...
#3
8 years ago
Happy to assist!
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