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Home Q & A Board Other Fields Homework Help Business Economics
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thanhha78 thanhha78
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6 years ago
When sellers have more information about the quality of a good than buyers do, a relatively large share of the goods in the market will be low-quality goods. This is the ________ problem.
A) law of diminishing returns
B) adverse selection
C) moral hazard
D) free-rider
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
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Lightman030Lightman030
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thanhha78 Author
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#2
6 years ago
Can't thank you enough for this, appreciate it!
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