Which of the following cases is not an example of asymmetric information?
A) Gus buys a used car from Artie's Ambiguous Autos Inc., not knowing it is a lemon.
B) Gus buys a used car from Artie's Ambiguous Autos Inc., knowing it is a lemon.
C) Gus, a small retail investor, purchases shares in Artie's Ambiguous Autos Inc.
D) Gus, a mutual fund manager, purchases shares in Artie's Ambiguous Autos Inc.
Correct Answer:
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