Which Action Best Exemplifies the Concept of Signalling

question 54

Multiple Choice

Which action best exemplifies the concept of signalling

• A)A college student's parents, having learned that their child is short of money, send her a cheque for $1000.
• B)A woman, who is trying to win the love of a certain man, buys him a very personal gift.
• C)A grocery store maintains a policy of examining the driver's licence of everyone who writes a personal cheque to purchase their groceries.
• D)A university maintains a policy of considering for admission only those students who graduated among the top 10 percent of their high school class.

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Definitions:

High-value

Items, services, or relationships deemed to have significant worth or importance, often based on their quality, utility, or rarity.

Expected Revenue

The amount of money a business anticipates receiving from the sale of goods or services within a certain time period.

Low-value

Describing items or services that are relatively inexpensive or considered to be of minor importance or worth.

Oral Auction

An event where items or services are sold to individuals who make the highest spoken offer.