youtor.org
Asymmetric Information as a Market Failure part 2
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=3iHFVHBFw7A
When the buyers or sellers in a market do not know all the same information, it is possible that the equilibrium quantity will be greater than what is best for society. The existence of such information asymmetry can lead to market failures, as will be explained in this lesson. • http://econclassroom.com/?page_id=5870
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