Buyers will opt out of markets in which
A) there are signiﬁcant negative externalities.
B) standardized products are being produced.
C) there is inadequate information about sellers and their products.
D) there are only foreign sellers.

Question

Quizplus · Accepted Answer

Buyers are likely to opt out of markets where there is inadequate information about sellers and their products, as this increases the risk and uncertainty associated with purchasing decisions.

Buyers Will Opt Out of Markets in Which