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Solutions to Informational Problems
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Solutions to Informational Problems
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17. Asymmetric Information, Voting, and Public Choice / Solutions to Informational Problems / Problem 5
Problem 5
Which of the following is an example of signaling in a used car sale?
A
Offering a warranty on the car.
B
Providing a detailed car history report.
C
Reducing the price of the car.
D
Offering a discount for cash payment.
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