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Discuss how imperfect information affects market behavior

"Imperfect Information and Market Behavior"

Please respond to the following:

Discuss how imperfect information affects market behavior and possible steps that could be taken to mitigate those affects.
Discuss how asymmetric information affects the market you selected. Provide specific examples to support your response. (One paragraph Each) also References, please

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Business Economics: Discuss how imperfect information affects market behavior

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