When a seller of a good knows more about the quality of a product than the buyer, this is known as:
A)asymmetric information
B)moral hazard.
C)moral delinquency
D)adverse selection

Question

Quizplus · Accepted Answer

The Answer of When a seller of a good knows more about the quality of a product than the buyer, this is known as:
A)asymmetric information
B)moral hazard.
C)moral delinquency
D)adverse selection

When a Seller of a Good Knows More About the Quality