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Author Question: EBay has a seller reputation system to provide A) consumers with a signal concerning seller ... (Read 196 times)

neverstopbelieb

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eBay has a seller reputation system to provide
 
  A) consumers with a signal concerning seller quality.
  B) sellers a chance to signal other sellers concerning their quality.
  C) a reduction in monopoly power.
  D) improvements in investor relations.

Question 2

Many people tend to buy multiple cars from the same manufacturer because
 
  A) doing so reduces the asymmetric information problem; consumers have better knowledge of quality.
  B) doing so reduces the asymmetric information problem; consumers have better knowledge of prices.
  C) doing so doesn't change the asymmetric information problem but consumers have more information.
  D) doing so increases the consumers brand loyalty.


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Hikerman221

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neverstopbelieb

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


ghepp

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

 

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