This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Market signals are (Read 37 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
on: Apr 19, 2019

Question 1

In the area of market signaling, education is a strong signal in the job market because


◦ it tells employers that you have gained skills that will be useful in the work place.
◦ education is costly to obtain.
◦ education is less costly to obtain for highly productive individuals who are also likely to be highly productive in the work place.
◦ firms can easily verify your level of education.

Question 2

Market signals are


◦ actions taken by buyers and sellers to communicate quality in the presence of perfect information.
◦ only strong if obtaining the signal is more costly for individuals with valued traits than for those with non-valued traits.
◦ 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.
◦ used to distinguish between high and low quality and help correct the adverse selection problem.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by lilldybug07 on Apr 19, 2019

juiceman1987

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


lilldybug07

  • Member
  • Posts: 546
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

ebonylittles

  • Member
  • Posts: 318
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Brain signals that control hunger. Brain signals that control hunger.
Action of Hunger Signals on Feeding Circuits in the Brain Action of Hunger Signals on Feeding Circuits in the Brain
Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
Cylinder 1 slit signals the computer the piston position for cylinder 1. The 1-degree slits provide ... Cylinder 1 slit signals the computer the piston position for cylinder 1. The 1-degree slits provide ...
The OBD-II catalytic converter monitor compares the signals of the upstream and downstream O2Ss to ... The OBD-II catalytic converter monitor compares the signals of the upstream and downstream O2Ss to ...
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Video: Decubitus Ulcer

For a complete list of videos, visit our video library