Which of the Following Statements Represents the Idea Behind Signalling

question 92

Multiple Choice

Which of the following statements represents the idea behind signalling in education?

• A)the more naturally productive someone is, the more they are inclined to educate themselves
• B)education can turn an unproductive person into a productive person
• C)most university graduates wouldn't be half as productive if it were not for the years they spend in the classroom
• D)all of the above

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Definitions:

Public Radio

Radio stations that are funded by public sources, such as government grants and listener donations, rather than commercial advertising.

Free-rides

The situation where individuals consume a public good without contributing to its cost, benefiting from others' contributions.

Common Resource

A natural or man-made resource where one user's consumption reduces or diminishes the utility of that resource for others, and where it is difficult to exclude anyone from using the resource.

Rival

Refers to a competitor within the same market that offers similar products or services.