1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marianna [84]
3 years ago
15

Some sellers of used cars provide warranties to buyers, with the aim of reassuring buyers that the car is of good quality. These

warranties help reduce the chance of what occurring?
A. Negative externalities.B. Adverse selection.C. Spillover benefits.D. Moral hazard.
Business
1 answer:
NISA [10]3 years ago
5 0

Answer:  

Adverse selection

                         

Explanation:

Adverse selection typically refers to such a circumstance when sellers possess knowledge that customers just don't have, about some type of quality of products — in other terms, it is a method of leveraging asymmetric data.

In other words, Asymmetric information, often referred to as intelligence loss, occurs when any group has better knowledge of data than any of the other group.

Thus, we can conclude that the warranty is given to ensure customers that nothing has been hidden from them.

You might be interested in
Why is the interest rate of a loan one of the most important things to consider when shopping around for loans?
Orlov [11]
<span>The interest rate can drastically change the total amount paid to the lender</span>
7 0
3 years ago
Read 2 more answers
What three logistics-related costs are relevant when analyzing the choice of number of facilities in a distribution network
Aleksandr [31]

The three logistics-related costs are relevant when analyzing the choice of number of facilities in a distribution network C) inventory costs, transportation costs, and facility costs.

<h3>What is logistic?</h3>

Logistic is the process of transporting the goods as well as the services of the company.

Therefore, the cost involves are:

  • inventory costs
  • transportation costs
  • facility costs.

Learn more about logistics-related costs at:

brainly.com/question/25885810

#SPJ1

5 0
2 years ago
Given a fixed supply of money and a downward sloping aggregate demand curve, an increase in money demand will ________ the price
Blizzard [7]

Money supply is the total amount of money in circulation which includes coins, cash and balance in savings account in a country at a period of time.

  • Given a fixed supply of money and a downward sloping aggregate demand curve, an increase in money demand will <u>not change</u> the price paid for its use, otherwise known as the <u>discount rate.</u>

  • A change the money supply in a country causes a change in aggregate demand.

  • An increase in the money supply causes increase in aggregate demand and a decrease in the money supply causes decrease in aggregate demand.

Therefore, an increase in money demand will not change the price paid for its use, otherwise known as the discount rate.

Read more:

brainly.com/question/12225192

8 0
3 years ago
Which one of the following is a characteristic of an oligopoly​
kotegsom [21]

Answer:

a small number of firms selling a homogeneous or a differentiated product

Explanation:

if this is one of the choices this is correct

6 0
2 years ago
Read 2 more answers
Economists expect the firm to maximize __________, the laborer to accept the best __________, and the consumer to find the combi
algol13

Answer:

The correct answer is option d.

Explanation:

The firms are expected to maximize profits, the laborers are expected to accept the best offer and the rational consumer is expected to choose the bundle of good that maximizes utility.

Firms will produce the output level where their profits are maximized. The consumer will consume at the level where their total utility is maximized and the laborer will accept the best offer to maximize his benefit.

7 0
3 years ago
Read 2 more answers
Other questions:
  • Assume an economy is incurring unemployment. The effect of resolving this problem will be to:
    12·1 answer
  • Precision Company estimates its machine-hour requirements for the four quarters to be 35,000 hours, 20,000 hours, 15,000 hours,
    14·1 answer
  • Prior to the 1997 federal tobacco settlement a pack of cigarettes sold for $2.48. The terms of the settlement required a decreas
    7·1 answer
  • Mary, Ann, and Beth are partners. Their capital balances​ are, ​; ​; and ​, respectively. As per the partnership​ agreement, Mar
    13·1 answer
  • Identify and describe the three steps that the team should follow in order to define project scope and create a project scope st
    11·1 answer
  • Though the ________ method of setting an advertising budget is simple to use and helps management think about the relationships
    6·1 answer
  • Jeanne is 54 years old. She had worked as a medical research librarian for ten years before quitting in her late forties. She wa
    9·1 answer
  • A company received a proposal for the development of a new software. While analyzing the specifications, it was found that there
    5·1 answer
  • Which activity is a good practice when selling online media?
    11·1 answer
  • Which factors can affect a stock's price? Check all that apply.
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!