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
Alex777 [14]
3 years ago
7

Owners of defective used cars have more information about the condition of their vehicles than potential buyers of those used ca

rs. This is an example of: A. the moral hazard problem. B. a spillover cost. C. a positive externality. D. asymmetric information.
Business
1 answer:
lakkis [162]3 years ago
4 0

Answer:

D. asymmetric information.

Explanation:

Owners of defective used cars have more information about the condition of their vehicles than potential buyers of those used cars. This is an example of an asymmetric information.

An asymmetric information can be defined as a situation wherein there's an imperfect flow of information or knowledge between the buyer and the seller of a product; sellers having more knowledge than the buyer of a product.

You might be interested in
Explain the following definition of marketing ethics
Sloan [31]

Answer:

Explanation:

The concept of ethical marketing refers to the way in which companies and / or enterprises market their goods and services: the focus does not only revolve around the benefits of their offer for customers, but also on how they impact on causes and / or responsible actions with society and / or the environment ..

7 0
3 years ago
Jorge has $300 for work he performed. He expects to spend the money in the next few weeks to buy a new bike. Which type of accou
bogdanovich [222]
Certification of Deposit (CD ) pays the same interest as Savings Account. And Money Market Account has higher interest rate. Checking account pays little or no interest. So for Jorge is the best option to use:
B ) Money Market Account.

3 0
4 years ago
Ty lives in an apartment building and gets a benefit from playing his stereo. Olivia, who lives next door to Ty and often loses
olga55 [171]

Answer: The answer is b. The benefit of the music to Ty must exceed the cost of the noise to Olivia.

Explanation: According to the Coase Theorem, as long as Ty values his stereo system Olivia will still not get the benefit of the doubt to get her sleep. So Ty has to pay her enough that it would benefit himself and his neighbor Olivia.

P.S A brainiest would be really helpful in showing your appreciation.

4 0
3 years ago
In the competitive sports drink market, Gatorade pays very close attention to the activities of Powerade, a major __________ com
cricket20 [7]

Answer:

c. Brand competitor

Explanation:

Brand competitor -

It refers to the fued or competitive situation between any two companies or organization , producing similar types of goods and services , is referred to as brand competition.

Since , both the companies are always targeting each other .

Both the companies tries to adapt new and innovative method for their goods and services , in order to have better hand on the product .

Hence , from the given scenario of the question ,

The correct option is c. Brand competitor .

7 0
3 years ago
Help please it’s due by today
Soloha48 [4]

Answer:

...... .... .nh8yv8gigig

8 0
3 years ago
Other questions:
  • When Randy, a general manager of a national retailer, moved to a different store in his company that was having difficulty, he k
    12·1 answer
  • Written records of a sample collection, transfer, storage, analysis and destruction are necessary for two reasons: to help ensur
    15·1 answer
  • Voyager Corporation has developed the following cost formula for its maintenance cost: Y = $300 + $2X, where X = the number of d
    7·1 answer
  • How could a mixed economy best incorporate aspects of both market and command economic strategies to maintain their associated b
    7·1 answer
  • What are the 3 functions of banks?
    15·1 answer
  • Troy, a human resource manager, is investigating why the turnover in his company’s accounting department has spiked in the last
    8·1 answer
  • German brothels recently began offering a monthly subscription service for multiple purchasers. If you thought that the brothels
    10·1 answer
  • Nation Furniture is a furniture manufacturing facility. Its workers just signed a two-year contract. The price level in the econ
    6·1 answer
  • ..............................................................................
    13·1 answer
  • An _________________ is calculated by subtracting the firm's costs from its total revenues, _______________________. Group of an
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!