Sellers will opt out of markets in which:

A. there are significant negative externalities.
B. standardized products exist.
C. there are only foreign buyers.
D. information about buyers is inadequate, and some buyers can impose high costs on the
sellers.

Answer: D

Economics

You might also like to view...

Which of the following could be a direct cause of investment spending decreasing?

A. Real income increases. B. Real interest rates increase. C. A firms revenues increases while their costs remain constant. D. Expected future income increases.

Economics

Which term refers to the percentage of the population who live below the poverty line?

a. Poverty rate b. Near-poor c. Poverty gap d. Income class

Economics