A study discussed in the Making the Connection feature in th

A study discussed in the Making the Connection feature in the text found that there is ________ that some consumers are not well aware of prices, even for goods they buy regularly.

a. no evidence

b. substantial evidence

c. little evidence

d. no reason to believe

Solution

The study showed that many people aren\'t aware of the prices and this indeed comes under inadequate information and this leads to producer or consumer surplus all in all.

Therefore (b) substantial evidence is the answer