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Ann [662]
3 years ago
9

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
Social Studies
2 answers:
Shalnov [3]3 years ago
4 0

Answer:

D

Explanation:

Jim as a buyer should have an assistance and incentive

nikdorinn [45]3 years ago
4 0

Answer:

D

Explanation:

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