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Alecsey [184]
3 years ago
10

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?
Social Studies
1 answer:
Reptile [31]3 years ago
3 0

The correct answer is Jim

Explanation: Jim is the most interest on that because he is the one who wants to buy.

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Answer:

Explanation:

Tariffs are taxes on imports. They effectively raise the prices of those imports, providing an edge to domestic companies in the same markets. Governments usually impose tariffs to help domestic companies, or sometimes to punish foreign competitors for unfair trading practices.

How do tariffs work to protect infant industries? ... They shield new industries in the early stages of their development from the competition of more mature rivals. They raise the trade barriers for imports of child-care products. They increase competition for a new business, forcing it to be more productive.

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7 0
4 years ago
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Because songa was released before songb

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7 0
3 years ago
What is the purpose of the government in a command economy
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In the command economy government works as the commander.  

Explanation:

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4 0
3 years ago
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arlik [135]

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4 years ago
- Social Studies GED Practice Test 2
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The correct answer is letter A

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