Ask Question
16 April, 12:07

John and Jack are both trying to sell a used car to Jim. John's car is a lemon, a car that has a serious but nonobvious problem. Jack's car is a cherry, a car that has no problems. Jim cannot tell the difference between the cars. Economists say this information problem might be solved with signaling. Who has an incentive to find a way to signal quality? A. Both Jack and JohnB. Jack but not JohnC. John but not JackD. Jim

+4
Answers (1)
  1. 16 April, 12:15
    0
    D

    Explanation:

    Jim as a buyer should have an assistance and incentive
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “John and Jack are both trying to sell a used car to Jim. John's car is a lemon, a car that has a serious but nonobvious problem. Jack's car ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers