« 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 39 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?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

U.S. Study on Identity Achievement With age, more young people are classified in identity achieveme U.S. Study on Identity Achievement With age, more young people are classified in identity achieveme
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
Unhappy people Unhappy people
In old age, as in all other stages of the life course, people find life more pleasant if they have ... In old age, as in all other stages of the life course, people find life more pleasant if they have ...
Circular friction around the ankle with the fingertips. Applying pressure with the fingertips, move ... Circular friction around the ankle with the fingertips. Applying pressure with the fingertips, move ...
Teens who date in early adoles-cence are more likely to become sexually active Teens who date in early adoles-cence are more likely to become sexually active
Video: Introduction to Epilepsy

For a complete list of videos, visit our video library