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1.3.4 Information gaps

Which information condition is required for efficient market allocation?

A

Imperfect information.

B

Symmetric information.

C

Asymmetric information.

D

Perfect competition.

1.3.4 Information gaps Flashcards

  1. A Level
  2. /Economics
  3. /1.3.4 Information gaps

Flashcards for Edexcel A A Level Economics 1.3.4 Information gaps, covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 19 cards, matched to the Edexcel A A Level Economics (9EC0) specification.