Unlike experience goods, the potential to lose repeat sales is not necessarily a deterrent to false advertising a credence good.

Name: Unlike experience goods, the potential to lose repeat sales is not necessarily a deterrent to false advertising a credence good.
Brand: Quizplus
Rating: 4.9 (57 reviews)

Question

Quizplus · Accepted Answer

This is because consumers may not be able to accurately determine the quality of the credence good even after repeated purchases, making it easier for false advertising to go undetected.

Unlike Experience Goods, the Potential to Lose Repeat Sales Is