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Author Question: Signals may prevent adverse selection if A) sending a false signal is cheap for the agent. B) ... (Read 113 times)

misspop

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on: Jul 1, 2018
Signals may prevent adverse selection if
 
  A) sending a false signal is cheap for the agent.
  B) sending a false signal is costly for the agent.
  C) agents as rational.
  D) signals are as good as cheap talk.

Question 2

Why would a firm rather a company like J.D. Power (which provides product satisfaction reviews) review its product than doing it within the firm?
 
  A) J.D. Power provides less credibility.
  B) J.D. Power provides greater credibility.
  C) J.D. Power is more honest than the average firm.
  D) J.D. Power has a government monopoly in providing product satisfaction reviews.
Microeconomics ¦ Perloff ¦ 8th Edition
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wergv

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Reply #1 on: Jul 1, 2018
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.
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misspop

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

meow1234

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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