This topic contains a solution. Click here to go to the answer

Author Question: In the arena of asymmetric information, standardization (for example, menus at McDonald's ... (Read 73 times)

magmichele12

  • Hero Member
  • *****
  • Posts: 559
In the arena of asymmetric information, standardization (for example, menus at McDonald's restaurants) is a substitute for
 
  A) quality.
  B) government regulation.
  C) reputation of individual sellers.
  D) firms' distinguishing among buyers.
  E) firms' segregation of buyers.

Question 2

For consideration of such issues as labor's productivity growth nationwide, the relevant measure is the
 
  A) marginal product of labor.
  B) average product of labor.
  C) total product of labor.
  D) wage.
  E) cost of capital.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

huda

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

C

Answer to Question 2

B




magmichele12

  • Member
  • Posts: 559
Reply 2 on: Jul 1, 2018
Excellent


meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

For a complete list of videos, visit our video library