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QUESTION 24 Which of the following actions can be an example of a signal designed to...

QUESTION 24

Which of the following actions can be an example of a signal designed to reduce the impact of asymmetric information?

A.

A money-back guarantee

B.

Students pursue graduate training

C.

Students take an unpaid internship

D.

All of the above

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Answer #1

The following actions can be an example of a signal designed to reduce the impact of asymmetric information:-

-A money back guarantee

option(A)

as the money back will give the assurance that the buyer is protected in case he is not satisfied with the product.

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