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15.1: Sources of Inefficiency
https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/15%3A_Challenges_to_Efficient_Outcomes/15.1%3A_Sources_of_Inefficiency
Asymmetric information, different information between two parties, leads to the following – adverse selection, moral hazards, and market failure.
3.2: Supply
https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/3%3A_Introducing_Supply_and_Demand/3.2%3A_Supply
The law of supply states that there is a positive relationship between the quantity that suppliers are willing to sell and the price level.
1.2: Individual Decision Making
https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/1%3A_Principles_of_Economics/1.2%3A_Individual_Decision_Making
When scarce resources are used, actors are forced to make choices that have an opportunity cost.
11.5: Price Discrimination
https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/11%3A_Monopoly/11.5%3A_Price_Discrimination
In a competitive market, price discrimination occurs when identical goods and services are sold at different prices by the same provider.

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