Reading a Consumer Reports review of a vacuum cleaner before making a purchase solves the problem of information asymmetry in a similar way as:
A)an employer requiring a drug test.
B)an insurance company offering different deductible-level plans.
C)a buyer choosing a used car from a brand dealership.
D)a college charging a high tuition relative to other schools.

Question

Quizplus · Accepted Answer

Reading a Consumer Reports review helps consumers make informed decisions by providing detailed information about a product's performance, similar to how choosing a used car from a brand dealership can offer more reliability and information about the car's condition, reducing information asymmetry.

Reading a Consumer Reports Review of a Vacuum Cleaner Before