Survey of Economics, Chapter 10: Imperfect Information, External Benefits, and External Costs Video: Watch the following video(s), which you can access in the Weekly Media object or by clicking on the link(s) below: and answer the question. MIT OpenCourseWare video lecture series, “Uncertainty” 12.3 Test your Knowledge (Question): Q1 Discuss why do wages differ across […]
Discuss how asymmetric information present in second hand car market, often leads to adverse selection for buyers.
Survey of Economics Read the following to prepare for this week: Survey of Economics, Chapter 9: Imperfect Information, External Benefits, and External Costs Video: Watch the following video(s), which you can access in the Weekly Media object or by clicking on the link(s) below: and answer the question. MIT OpenCourseWare video lecture series, “Uncertainty” 11.3 […]