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whipped whipped
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6 years ago
You are on a vacation in a foreign country. Because it is your first visit to the country, you do not know much about the tourist spots. So you decide to ask the manager of the hotel regarding the popular tourist places. He tells you that there is a waterfall and a beautiful park close to the hotel that you can visit. You are wondering which place to go to when you overhear some of the tourists planning a trek to one of the falls. You decide to join them. This is an example of a(n) ________.
A) moral hazard
B) adverse selection
C) pecuniary externality
D) information cascade
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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SimplemanSimpleman
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6 years ago
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whipped Author
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6 years ago
This helped my grade so much Perfect
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this is exactly what I needed
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Smart ... Thanks!
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