In which of the following markets do you expect efficient outcomes? Why? a. Hurricane insurance for beach
Question:
In which of the following markets do you expect efficient outcomes? Why?
a. Hurricane insurance for beach houses
b. Medical care
c. Stock market
d. MP3 players
e. Loans for students who wish to attend college
f. Housing
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a In this particular insurance market one would not expect asymmetric information to be much of a problem the probability of a hurricane is common kno...View the full answer
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