Which One of the Following Is NOT True of a Thin

question 145

Multiple Choice

Which one of the following is NOT true of a thin market?

• A) It is caused by asymmetric information.
• B) There are relatively few high-quality goods sold.
• C) There may be some sellers of high-quality goods because people are in a hurry to sell.
• D) The price of the good sold will be higher than if the market were thicker.

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Definitions:

Psychotic Behavior

It refers to patterns of thought and behavior that are markedly out of touch with reality, often including delusions and hallucinations.

Psychoanalytic Therapy

A therapeutic approach developed by Sigmund Freud, aiming to explore unconscious conflicts and motivations to treat psychological disorders.

Personality

A person's unique patterns of thoughts, feelings, and behaviors that persist over time and across situations.

East Asia

A geographical region that includes countries such as China, Japan, Korea, and Taiwan, known for its rich cultural heritage and economic significance.