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Author Question: DTC contracts which prohibit buyers from inspecting diamonds in advance help to minimize: a. the ... (Read 34 times)

Melani1276

  • Hero Member
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  • Posts: 516
on: Jun 30, 2018
DTC contracts which prohibit buyers from inspecting diamonds in advance help to minimize:
 a. the problem of moral hazard.
  b. the cost of gathering duplicative information.
  c. the problem of adverse selection.
  d. the winner's curse.

Question 2

The way one firm relates to another in the supply chain is referred to as being
 A) upstream or downstream.
  B) latitudinal or longitudinal.
  C) left or right.
  D) competitor or conspirator.


triiciiaa

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  • Posts: 349
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


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