ECON 101 SEU Asymmetric Information in Car Market Discussion

11.2 Action Required: ReadingRead the following to prepare for this week:Survey of Economics, Chapter 9: Imperfect Information, External Benefits, and External CostsVideo:Watch the following video(s), which you can access in the Weekly Media object or by clicking on the link(s) below: and answer the question.MIT OpenCourseWare video lecture series, “Uncertainty” Question: Discuss how asymmetric information present in second hand car market, often leads to adverse selection for buyers.