High Quality Certification in Horizontally Differentiated Goods Is Aided by Which

question 13

Multiple Choice

High quality certification in horizontally differentiated goods is aided by which of the following?

• A)Outcome based scorecards
• B)Internet firms like Google and Yahoo
• C)Risk adjustment
• D)Mean reversion
• E)Firms paying for more scorecards

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Definitions:

Amniocentesis

A procedure in which fluid is withdrawn from a woman’s abdomen and analyzed for abnormalities in the fetus.

Downs Syndrome

A genetic disorder caused by the presence of all or part of a third copy of chromosome 21, characterized by physical growth delays and mild to moderate intellectual disability.

Amniotic Sac

A fluid-filled sac that surrounds and protects a fetus in the uterus during pregnancy.

Abortion

The medical termination of a pregnancy before the fetus is capable of independent life.