# Solved Question Paper # Economics # Microeconomics # Exam Preparation # JNU # ISI # Types of Insurance # Health # Graphs and Diagrams.
GIVE US A CALL / WHATSAPP AT +919836793076/+918697585572/+919903950424.
VISIT OUR WEBSITE https://www.souravsirclasses.com/
FOR COMPLETE LECTURES / STUDY MATERIALS /NOTES /GUIDANCE/
PAST YEAR SOLVED +SAMPLE PAPAERS/TRICKS/MCQ/SHORT CUT/VIDEO LECTURES/LIVE + ONLINE CLASSES.
Asymmetric information, also known as “information failure,” occurs when one party to an economic transaction possesses greater material knowledge than the other party. This typically manifests when the seller of a good or service possesses greater knowledge than the buyer; however, the reverse dynamic is also possible. Almost all economic transactions involve information asymmetries.