Edexcel A-level Economics A 9EC0 · 1.3.4b
How imperfect market information may lead to a misallocation of resources
- Code
- 1.3.4b
- In
- 1.3.4 Information gaps
- Topic
- 1 Introduction to markets and market failure
- Course
- A-level Economics A 9EC0
- Board
- Edexcel
Grade boundaries·Edexcel command words
Codes and titles are read by a script from Edexcel's published specification and have not been checked by a person. What each point covers is in the specification itself: Edexcel’s specification.
Points in 1.3.4 Information gaps
- 1.3.4a The distinction between symmetric and asymmetric information
- 1.3.4b How imperfect market information may lead to a misallocation of resources