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Which of the following is a situation that makes the market behave inefficiently? a. when consumers do not have enough information to make good choices b. when producers have the power to find out exactly what to produce c. when both consumers and producers are fully informed about a product d. when the market is in perfect competition and prices are high
A situation that makes the market behave inefficiently is a. when consumers do not have enough information to make good choices.
Expert answered|Jay901|Points 1769|
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Asked 217 days ago|9/19/2013 11:32:13 AM
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