Question for each of the following purchases say whether, Ask an Expert

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Question: For each of the following purchases, say whether you would expect the degree of imperfect information to be relatively high or relatively low:

a. Buying apples at a roadside stand

b. Buying dinner at the neighborhood restaurant around the corner

c. Buying a used laptop computer at a garage sale

d. Ordering flowers over the Internet for your friend in a different city

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