We would expect households to have incomplete information about:
A)their own wage rate.
B)products they purchase frequently.
C)products purchased occasionally like an automobile.
D)all of the above.

Question

Quizplus · Accepted Answer

Households are more likely to have incomplete information about products purchased occasionally, like an automobile, because they engage with these markets less frequently, making it harder to stay informed about prices, quality, and options compared to products they buy regularly.

We Would Expect Households to Have Incomplete Information About