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Business, 17.04.2020 20:18 eddyreynoso6388

Mom's Bakery goes out of business due to decreasing sales resulting from the dramatic increase in people on low carbohydrate diets. The decrease in business also results in Mom's defaulting on the loan they have with the bank. This is an example of:
A. lack of perfect information in financial markets.
B. asymmetric information in financial markets.
C. moral hazard in financial markets.
D. symmetric information in financial markets.

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