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Adam Smith’s invisible hand only leads to an efficient outcome when Buyers are fully informed about...

Adam Smith’s invisible hand only leads to an efficient outcome when
Buyers are fully informed about all relevant aspects
Buyers collect information up to the point at which the marginal cost of having more information equals the marginal of having the information
Buyers have more information about the product being traded
Buyers have less information about the product
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Ans) the correct option is A) Buyers are fully informed about all relevant aspects

Buyers are fully informed about all relevant aspects of the product and the market in which it is traded

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