Which of the Following Relationships Involves Asymmetric Information

question 52

Multiple Choice

Which of the following relationships involves asymmetric information?

• A)Patients can look up information regarding certain prescription drugs giving them the same information as their doctors.
• B)Consumer Reports allows customers of DVD players to know as much about the quality of various players as the store salesperson.
• C)Car Fax allows car buyers to obtain used-vehicle histories providing them with the same information as the dealership salesperson.
• D)The batter in a baseball game must guess whether the pitcher is going to throw a fastball, curveball, or change-up.

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Definitions:

cDNA

Complementary DNA synthesized from an mRNA template using the enzyme reverse transcriptase, used in cloning and gene expression studies.

mRNA

Messenger RNA, a single-stranded RNA molecule that carries genetic information from DNA to the ribosome, where it directs protein synthesis.

Genomic Library

A collection of DNA fragments that represents the entire genome of an organism.

DNA Fragments

Pieces of DNA that are the result of breaking the DNA molecule into smaller segments through various methods.