« previous next »

Author Question: Explain why some people who are applying for a job at a bank dress up, arrive early, and have their ... (Read 84 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
on: Jul 1, 2018
Explain why some people who are applying for a job at a bank dress up, arrive early, and have their paperwork neatly completed for the job interview.
 
  What will be an ideal response?

Question 2

How can a warranty at the seller's expense signal that a product is of high quality?
 
  What will be an ideal response?
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Kimmy

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jul 1, 2018
Answer to Question 1

They are trying to eliminate adverse selection. These people are trying to signal that they would be a high-quality worker for the position at the bank.

Answer to Question 2

If the product is of low quality, the warranty would be very costly to the seller since a low-quality product would need more repairs than a high-quality product.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Early Goldenrod Early Goldenrod
More People Are Living in Cities More People Are Living in Cities
In 2006 an Iraqi tribunal convicted Saddam Hussein of murdering his own people and sentenced him to In 2006 an Iraqi tribunal convicted Saddam Hussein of murdering his own people and sentenced him to
Base pairing between pre-mRNA, U1 snRNA, and U2 snRNA early in the splicing proc Base pairing between pre-mRNA, U1 snRNA, and U2 snRNA early in the splicing proc
A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ... A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ...
Video: Muscle Fatigue and Recovery

For a complete list of videos, visit our video library