asked 134k views
16 votes
The assumption of asymmetric information means that:.

asked
User Munjal
by
7.8k points

1 Answer

11 votes
It means that one party in a transaction is in possession of more information than the other.
answered
User Muhammed Asharaf
by
8.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.