What are the benefits of searching for market information


Problem

What are the benefits of searching for market information? What are the costs? How does the existence of price dispersion affect the benefits? Could price dispersion exist in a world of perfect information? How do the costs of search affect the nature of competition in a market?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What are the benefits of searching for market information
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