Ask Question
31 March, 20:10

When sellers are unable to distinguish good buyers from bad ones they face the problem of?

+1
Answers (1)
  1. 31 March, 22:47
    0
    Adverse Selection is the problem when sellers are unable to distinguish good buyers from bad ones.

    Adverse selection is a concept which is used in economics, health care, insurance, risk management etc. In this concept buyers or sellers didn't know much about each other or about the products and are unable to distinguish good ones from bad ones.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “When sellers are unable to distinguish good buyers from bad ones they face the problem of? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers