Multiple Choice
When a transaction takes place repeatedly, one way to avoid information asymmetry is:
A) building a reputation.
B) screening.
C) statistical discrimination.
D) All of these are ways to avoid information asymmetry in repeated transactions.
Correct Answer:
Verified
Correct Answer:
Verified
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Q140: Which of the following is an example
Q141: Information asymmetry is present when:<br>A)one person knows
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Q143: Which of the following is an example
Q144: Generalizing using statistical discrimination is:<br>A)an irrational response
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