-Figure 4-10 shows a market where consumers have imperfect information.D₁ shows the true marginal value and D₂ shows biased marginal value.Which is the deadweight loss due to imperfect information?

Question

-Figure 4-10 shows a market where consumers have imperfect information.D<sub>1</sub> shows the true marginal value and D<sub>2</sub> shows biased marginal value.Which is the deadweight loss due to imperfect information? A) D B) F+G C) C+E D) I

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The Answer of -Figure 4-10 shows a market where consumers have imperfect information.D₁ shows the true marginal value and D₂ shows biased marginal value.Which is the deadweight loss due to imperfect information?

-Figure 4-10 Shows a Market Where Consumers Have Imperfect Information