Like other goods, information is scarce. Thus, when making purchasing decisions, people are sometimes poorly informed about the price, quality, durability, and side effects of alternative products. Imperfect knowledge is not the fault of the market. References :
Like other goods, information is scarce. Thus, when making purchasing decisions, people are sometimes poorly informed about the price, quality, durability, and side effects of alternative products. Imperfect knowledge is not the fault of the market.
References :