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tuggy tuggy
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7 years ago
An information cascade occurs when:
A) the buyer of a good has more information than the seller and takes hidden actions.
B) the seller of a good has more information about the hidden characteristics of the good.
C) people make the same decisions as others without focusing on private information.
D) people have contradictory information about a good they want to consume.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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losteinlostein
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7 years ago
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tuggy Author
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#2
7 years ago
Thanks for answering correctly
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