Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: Ryanteck on Jun 27, 2017



Title: Market signals are (Multiple Choice Question)
Post by: Ryanteck on Jun 27, 2017
Market signals are
A) used to distinguish between high and low quality and help correct the adverse selection problem.
B) actions taken by buyers and sellers to communicate quality in the presence of perfect information.
C) used to differentiate those who will drive equally carefully whether or not they have auto insurance from those who drive less carefully when they have insurance.
D) only strong if obtaining the signal is more costly for individuals with valued traits than for those with non-valued traits.


Title: Re: Market signals are (Multiple Choice Question)
Post by: DeToXiFY on Jun 27, 2017
Content hidden