If Diplomas Work Efficiently in Signaling Productive Capabilities to Employers,the

question 22

Multiple Choice

If diplomas work efficiently in signaling productive capabilities to employers,the resulting equilibrium

• A) will be a separating equilibrium.
• B) will be a pooling equilibrium.
• C) will always be inefficient.
• D) will never be efficient.

---

Definitions:

Marketing Mix

The combination of factors that can be controlled by a company to influence consumers to purchase its products, including product, price, place, and promotion.

International Trade Agreement

A treaty or contract between countries that governs the exchange of goods, services, and investment across borders.

United States

A country located in North America, comprising 50 states and known for its significant influence on global economics, politics, and culture.

Canada

Canada is a North American country stretching from the U.S. in the south to the Arctic Circle in the north, known for its vast, natural landscapes, multicultural cities, and bilingual population (English and French).