Marisa White Chapter 5 Question 2/7

I think the issue regarding requiring information can relate to everyone on a daily basis and always will. When you are buying things you want to know about the product or service you are about to spend your money one, and know that it is worth the money. I think that can relate directly to the used car example. Whoever sold the car must have had a reason for not wanting it any more, and if those reasons are bad ones that may have an effect on your choice of car. Another thing that I found interesting and relates to everyone was the examples of healthcare. I didn't know that people who were expected to be very sick when they become older, or are already unhealthy can be denied certain insurance. Also it is discomforting that doctors may deny you the care you need because of an economic incentive. All of these examples drive the conclusion that having all of the right information is a big part of being a good economist.