Question: Explain in your own words what you understand by the phrase 'asymmetric information problems'. Choose a large business that you know something about and comment

Explain in your own words what you understand by

Explain in your own words what you understand by the phrase 'asymmetric information problems'. Choose a large business that you know something about and comment on the information asymmetries that may arise for a lender to this business. Choose a small business that you know something about and comment on the information asymmetries that may arise for a lender to this business. Do you think information asymmetries are more or less pronounced with large businesses? Explain in your own words what you understand by the phrase 'asymmetric information problems'. Choose a large business that you know something about and comment on the information asymmetries that may arise for a lender to this business. Choose a small business that you know something about and comment on the information asymmetries that may arise for a lender to this business. Do you think information asymmetries are more or less pronounced with large businesses

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