_____ can increase demand above what would occur in a market with asymmetric information by providing reliable information about the product or resource.

Question

Quizplus · Accepted Answer

Signaling can increase demand above what would occur in a market with asymmetric information by providing reliable information about the product or resource. This is because signaling, such as through warranties or certifications, helps reduce information asymmetry by assuring buyers of the quality or reliability of a product or service.

_____ Can Increase Demand Above What Would Occur in a Market