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Syllabus

2.10 Market failure—asymmetric information (HL only)

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First exams 2022 » Unit 2: Microeconomics » 2.10 Market failure—asymmetric information (HL only)

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Directly related questions

20N.2.HL.TZ0.4a.ii:
Define the term asymmetric information indicated in bold in the text (paragraph [6]).
SPM.1.HL.TZ0.1a: Explain two ways a government might respond to the existence of asymmetric information in a market.

Sub sections and their related questions

2.10.1 Asymmetric information

20N.2.HL.TZ0.4a.ii:
Define the term asymmetric information indicated in bold in the text (paragraph [6]).

2.10.2 Responses to asymmetric information

SPM.1.HL.TZ0.1a: Explain two ways a government might respond to the existence of asymmetric information in a market.