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whipped whipped
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6 years ago
You went to a craft show and paid an exorbitant price for an embroidered shawl that the seller said was hand-embroidered and had been imported from India. Several months later, you find a similar shawl in another showroom at a much lower price and found out that the one you bought was not an imported one. This is an example of ________ in the market for embroidered shawls.
A) asymmetric information
B) positive externalities
C) negative externalities
D) the free-rider problem
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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SudzburySudzbury
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6 years ago
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