If a Proposer and a Responder are asked to split $100 in the ultimatum bargaining game, standard economic theory would predict that the Proposer should offer the Responder:

________ is/are the payment for the factor of production ________

A) Rent; capital B) Wages; capital C) Interest; labor D) Profit; entrepreneurship

A warranty is most valuable as a signaling device when

A) the buyer has much more information about the product than the seller does. B) the seller has much more information about the product than the buyer does. C) the buyer has much more information about his or her own preferences than the seller does. D) neither the buyer nor the seller has good information about the product. E) neither the buyer nor the seller has good information about consumer preferences.