When a Transaction Takes Place Repeatedly,then One Way to Signal

question 125

Multiple Choice

When a transaction takes place repeatedly,then one way to signal to avoid information asymmetry is:

• A) building a reputation.
• B) screening.
• C) statistical discrimination.
• D) Any of these could be true.

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Definitions:

Secondary Tissue

Secondary tissue refers to the tissues in plants that are produced after primary growth, mainly including the xylem and phloem that contribute to the plant's thickness.

Scales

Small, rigid plates forming the outer skin covering in fish and reptiles, serving as protection and support.

Cork Cambium

A type of meristem found in the bark of plants that produces cork cells to provide protection and reduce water loss.

Periderm

A protective outer layer of tissue in plants, replacing the epidermis in parts of the stems and roots, consisting of the cork, cork cambium, and phelloderm.