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whipped whipped
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6 years ago
In a market with asymmetric information, a good is said to have hidden characteristics if:
A) the consumption of the good imposes an additional cost on the society.
B) the production of the good generates additional benefits to the society.
C) the seller offers secret discounts to some buyers.
D) the buyer or the seller observes something about the good that the other does not.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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losteinlostein
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