The City of Blossom Valley Has a Job Training Program

question 63

Multiple Choice

The city of Blossom Valley has a job training program for the homeless but has had a difficult time reaching this group with information about the program even though radio and television stations have provided public service advertisements free of charge.This illustrates a segmentation problem with:

• A) substantiality
• B) identifiability and measurability
• C) responsiveness
• D) accessibility
• E) accountability

---

Definitions:

Microeconomics

The branch of economics that studies individual agents and markets, decision-making processes, and the outcomes of interactions.

Wage Cut

A reduction in the rate of pay received by workers.

Productivity

A measure of the efficiency of production, often quantified as the ratio of outputs to inputs in the production process.

Separating Equilibrium

A situation in a game or market where different types of participants (often with private information) are sorted into different groups based on their actions or choices.