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

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

Quizplus · Accepted Answer

Informational asymmetry refers to a situation where one party in a transaction has more or better information than the other. This difference in relevant knowledge can lead to an imbalance in the transaction.

Informational Asymmetry Is a Difference in