ECON 20A Chapter 22: Chapter 22- adverse behavior.docx
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1) chapter 22 1a and 1b (pg 467) microeconomics: terms i) a sym met ri cal adj. having parts or aspects that are not equal or equivalent; unequal in some respect: the asymmetrical relationship between a landlord and a tenant (1) i know something you don"t know hahahahaah! (2) basically this is any situation when someone knows an important piece of information which they conceal for another as to benefit themselves (3) ok check it out, a car salesman of a used accord knows that the car needs new tires and has been leaking oil for the past 2 months.