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

Author Question: Market signals are (Read 31 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
Great answer, keep it coming :)

flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Brain signals that control hunger. Brain signals that control hunger.
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 ...
A typical accelerator pedal position (APP) sensor, showing two different output voltage signals ... A typical accelerator pedal position (APP) sensor, showing two different output voltage signals ...
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 ...
Main Hall, Trajan's Market Main Hall, Trajan's Market
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Dendrite Animation

For a complete list of videos, visit our video library