Which of the following products will be sold by a differentiated oligopoly?

In the figure above, what can you deduce about the slope of the curve?

What will be an ideal response?

Asymmetric information occurs when

A) buyers and sellers are not equally informed about the true quality of what they are buying and selling. B) banks face an adverse selection problem with their borrowers. C) borrowers covertly engage in activities that increase the probability of poor performance. D) All of the above.