What is one of the most important benefits of the Internet?
A) The Internet has increased asymmetric information.
B) The Internet has reduced asymmetric information.
C) The Internet has increased moral hazard.
D) The Internet has increased transaction costs.

Question

Quizplus · Accepted Answer

The Internet has reduced asymmetric information by providing easy access to a vast amount of information about products, services, and people. This has made markets more efficient and helped consumers make more informed decisions.

What Is One of the Most Important Benefits of the Internet