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tuggy tuggy
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6 years ago
In a market with information asymmetry, gains from trade occur if:
A) the value of the good to the seller is greater than its value to the buyer.
B) the value of the good to the buyer is greater than its value to the seller.
C) the variable cost of producing the good is zero.
D) the opportunity cost of consuming the good is zero.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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SimplemanSimpleman
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6 years ago
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