The use of signals in a market economy
A) makes everyone better off,even those people who choose not to obtain the signal.
B) prevents the economy from reaching an equilibrium.
C) lowers efficiency because the signals waste resources.
D) is one way that the principal-agent problem can be avoided.

Question

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The Answer of The use of signals in a market economy
A) makes everyone better off,even those people who choose not to obtain the signal.
B) prevents the economy from reaching an equilibrium.
C) lowers efficiency because the signals waste resources.
D) is one way that the principal-agent problem can be avoided.

The Use of Signals in a Market Economy