Informational asymmetry is a difference in
A)efficiency.
B)equality.
C)relevant knowledge.
D)signaling.

Name: Informational asymmetry is a difference in A)efficiency. B)equality. C)relevant knowledge. D)signaling.
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Question

Quizplus · Accepted Answer

Informational asymmetry refers to situations where one party has more or better information than the other party. This difference in relevant knowledge can lead to an imbalance of power, making it difficult for the disadvantaged party to make informed decisions or negotiate effectively.

Informational Asymmetry Is a Difference in