Which of the Following Must Be True About a Signal

question 16

Multiple Choice

Which of the following must be true about a signal that is used to reveal private information in order for the signal to be effective? It must be:

• A) "as seen on TV."
• B) free to the signalling party.
• C) costly to the signalling party but less costly to the party with the higher-quality product.
• D) applied to an inexpensive product.

---

Definitions:

Domestic Economic Problems

encompass challenges within a country's economy, such as unemployment, inflation, and deficits, affecting the quality of life of its citizens.

1945-1948

A period immediately after World War II, marked by significant geopolitical changes, including the start of the Cold War and the establishment of the United Nations.

Nation's Poorest Group

The demographic segment within a country that has the lowest income and living standards, often facing significant economic hardships.

Second World War

A worldwide war that occurred between 1939 and 1945, engaging the majority of the globe's countries, among them all the major powers, which ultimately divided into two rival military factions: the Allies and the Axis.