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pirex pirex
wrote...
Posts: 634
6 years ago
Socially inefficient outcomes are possible when
A) uninformed parties want to avoid opportunistic behavior by informed parties.
B) informed parties engage in opportunistic behavior against uninformed parties.
C) those in charge are risk neutral.
D) workers do not own the firm.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 72 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home

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6 years ago
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