Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.
Sagot :
When the government makes sure that gas pumps accurately measure the amount of gas they provide, it is addressing Imperfect information. This is further explained below.
What is Imperfect information?
Generally, there is a condition known as imperfect information where the parties involved in a transaction have differing information, such as when the vendor of a used automobile has more information than the buyer.
In conclusion, To deal with imperfect information, the government monitors gas station pumps to ensure they are providing the correct quantity of fuel.
Read more about Imperfect information
https://brainly.com/question/14367760
#SPJ1
Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.