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Rashid [163]
3 years ago
15

Asymmetric information in a market transaction occurs when there is unequal knowledge possessed by the multiple choice seller an

d the government. Buyer and the government. Buyer and the seller. Taxpayer and the government.
Business
1 answer:
kirza4 [7]3 years ago
4 0

Asymmetric information in a market transaction occurs when there is unequal knowledge possessed by the <u>"buyer and seller".</u>


Asymmetric information, otherwise called information failure, happens when one gathering to a financial exchange has more noteworthy material learning than the other party. This regularly shows when the merchant of a decent or benefit has more noteworthy learning than the purchaser, despite the fact that the turn around is conceivable. All economic exchanges include data asymmetries.  

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