Question: The free-rider problem A occurs when people who do not pay for information take advantage of the information other people have to pay for. B

The free-rider problem

A

occurs when people who do not pay for information take advantage of the information other people have to pay for.

B

suggests that the private sale of information will only be a partial solution to the lemons problem.

C

prevents the private market from producing enough information to eliminate all the asymmetric information that leads to adverse selection.

D

All of these.

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