Question

. The market situation when the buyers and sellers have different information while making a transaction is called __________.
Markets with information
Markets with symmetric information
Markets with asymmetric information
Problem of moral hazard
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Answer 1

Answer:

my maketeket

Explanation:

Brain trust me I

Answer 2

Answer:

Asymmetric information is the condition where one party, either the buyer or the seller, has more information about the quality or price of the product than the other party. In either case (imperfect or asymmetric information) buyers or sellers need remedies to make more informed decisions.

answer is c)