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Explain what signals are as they relate to an employers process of hiring a potential worker. Why do employers use these i
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Market signalling is used to beat the presence of asymmetric information in market. Information is not equally distributed between parties who involve in economic transaction. One party tends to have more information relative to other.

While hiring new workers, market signals can be used by the firm to hire appropriate and right candidates. If candidates is well educated or attended colleges and universities, it signals that such candidates must have right skills for jobs. Thus, such candidates are more likely to be hired by the firm.

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Explain what "signals" are as they relate to an employer's process of hiring a potential worker. Why do employers use these in their hiring process? 6. Explain what "signals&...
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