Imagine consumers are fooled into thinking that a good is better than it really is. This means that the true, full-information demand curve is located to the of the asymmetric information demand curve, and consumers will purchase than what they really would have purchased.

Imagine consumers are fooled into thinking that a good is better than it really is. This means that the true, full-information demand curve is located to the ___left of the asymmetric information demand curve, and consumers will purchase ___more than what they really would have purchased.

Explanation:

The existence of asymmetric information implies that one party in a business transaction possesses information that the other party lacks. This causes the market to fail because the correct price for the product or service cannot be set based on the forces of supply and demand.  If consumers have full information, their demand curve will be skewed to the left, meaning that less of the product will be demanded.

tell them not to name the burger a cheese burger

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.