In Which of the Following Markets Are Buyers Likely to Have

question 68

Multiple Choice

In which of the following markets are buyers likely to have private information?

• A) The market for used cars
• B) The market for fresh fruits and vegetables
• C) The market for banking services
• D) The market for health insurance

---

Definitions:

Annoyed

Feeling irritated or bothered by something or someone.

Psychoticism

A personality pattern typified by aggressiveness, impulsivity, and a lack of empathy, often associated with the risk of developing psychotic disorders.

Egocentric

A characteristic where an individual is excessively focused on their own needs and viewpoints, disregarding others' perspectives.

Aggressive

Behavior characterized by the intention to harm or assert dominance over another.