Which of the following is least likely to be related to a hierarchical mode of market exploitation?
A) Hold-up of outlet operators.
B) Disclosure of knowledge.
C) Tacit business idea.
D) Adverse selection of potential employees.
E) None of the Above.

Question

Quizplus · Accepted Answer

Adverse selection of potential employees is more related to information asymmetry in markets rather than a hierarchical mode of market exploitation. Hierarchical modes typically involve direct control or influence over operations, such as hold-up situations, knowledge sharing, or the use of tacit business ideas, rather than issues arising from asymmetric information before a transaction or contract, which is what adverse selection refers to.

Which of the Following Is Least Likely to Be Related