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Ryanteck Ryanteck
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6 years ago
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.
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DeToXiFYDeToXiFY
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#1
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6 years ago
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Ryanteck Author
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6 years ago
Smart ... Thanks!
Zacellison
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Yesterday
Thanks for your help!!
rhockeygirl
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2 hours ago
Correct Slight Smile TY
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