We would expect households to have incomplete information about:
A)their own wage rate.
B)products they purchase frequently.
C)wage rates available on other jobs.
D)all of the above.

Question

Quizplus · Accepted Answer

Households often have incomplete information about wage rates available on other jobs because they may not have access to all job listings or understand the full range of wages offered across different companies and industries. Information about their own wage rate and products they purchase frequently is typically well-known to them.

We Would Expect Households to Have Incomplete Information About