What impact do asymmetric and imperfect information have on prices and quantities? Group of answer choices An unstable equilibrium. A decline in prices or quantities of products sold. One party (buyer/seller) will always be unhappy.  One party will be made better off, and the other party will be made worse off.

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
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What impact do asymmetric and imperfect information have on prices and quantities?
Group of answer choices
An unstable equilibrium.
A decline in prices or quantities of products sold.
One party (buyer/seller) will always be unhappy. 
One party will be made better off, and the other party will be made worse off.
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