Offering an expensive engagement ring to your (future) bride is a
a. Screening mechanism
b. Signaling mechanism
c. Way to waste money
d. None of the above
b
Economics
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If the interest rate is 8 percent, $54 next year is worth __________ today
a. $62 b. $50.68 c. $50 d. $62 e. $4.32
Economics
Evidence suggests that, in markets with differentiated products but little advertising,
a. consumers are not confused by conflicting signals. b. firms are generally less profitable. c. markets are less efficient. d. consumers make better choices.
Economics