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Author Question: What role does a company like J.D. Power (which provides product satisfaction reviews) serve? A) ... (Read 45 times)

nummyann

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on: Jul 1, 2018
What role does a company like J.D. Power (which provides product satisfaction reviews) serve?
 
  A) It provides a screening test.
  B) It provides a signal of quality.
  C) It reduces moral hazard.
  D) It reduces costs of giving surveys.

Question 2

If the government provides universal health insurance, what screening process will the government need?
 
  A) It won't need a screening test.
  B) It will only give health insurance to non-smokers.
  C) It won't use screening tests but it will use statistical discrimination.
  D) It won't use screening tests but it will use signals.
Microeconomics ¦ Perloff ¦ 8th Edition
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momtoalll

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

A


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