Sellers will opt out of markets in which
A)there are significant negative externalities.
B)standardized products exist.
C)there are only foreign buyers.
D)information about buyers is inadequate which allows some buyers to consequently impose high costs on the sellers.

Question

Quizplus · Accepted Answer

Sellers may opt out of markets where information about buyers is inadequate, as this can lead to situations where some buyers impose high costs on the sellers, making the market less attractive or profitable for them.

Sellers Will Opt Out of Markets in Which