If information is less costly and more easily available, then usually this
A) makes markets more efficient.
B) makes markets less efficient.
C) increases profit opportunities.
D) increases the opportunity cost of acquiring more information.

Question

Quizplus · Accepted Answer

When information is less costly and more easily available, it typically leads to more efficient markets as participants can make better-informed decisions, reducing information asymmetry.

If Information Is Less Costly and More Easily Available, Then