Which Is NOT an Example of Asymmetric Information

question 92

Multiple Choice

Which is NOT an example of asymmetric information?

• A) an employer not knowing which job candidate will do the best job
• B) a used car buyer not knowing the maintenance history of a car for sale
• C) a shopper not knowing the quality of the washing machine he is considering buying
• D) a doctor prescribing a medication for a patient

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Definitions:

Personality Types

A classification of different patterns of behavior, thought, and emotion that are characteristic of an individual's personal and social interactions.

Job Performance

An evaluation of how effectively an employee performs their work tasks, often considered in terms of productivity, efficiency, and quality.

Myers-Briggs Type Indicator

A widely used personality assessment tool that categorizes individuals into one of 16 personality types based on preferences in processing information and making decisions.

Bimodally

Describing distribution or patterns that have two distinct peaks or modes.