_____________________ have incentives to create mechanisms that will allow them to make mutually beneficial transactions even in the face of _____________________.
A) Manufacturers; adverse selection
B) Buyers and sellers; imperfect information
C) Retailers; adverse selection
D) Retailers; imperfect information

Question

Quizplus · Accepted Answer

Buyers and sellers both have incentives to overcome obstacles to transactions, such as imperfect information, to ensure that they can engage in mutually beneficial exchanges.

_____________________ Have Incentives to Create Mechanisms That Will Allow Them