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Information Failure
Symmetric Information
What is symmetric information?
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What is symmetric information?:
Symmetric Information occurs when both the
seller
and the
buyer
are well informed about the
goods
and
services
and
prices
in the market.
What is symmetric information?
Symmetric Information occurs when both the
seller
and the
buyer
are well informed about the
goods
and
services
and
prices
in the market.
