A warranty is an example of ________.
A) sniping
B) signaling
C) a price floor
D) a price ceiling

Name: A warranty is an example of ________. A) sniping B) signaling C) a price floor D) a price ceiling
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Question

Quizplus · Accepted Answer

A warranty is a form of signaling, as it indicates to the buyer that the seller is confident in the quality of the product being sold. This can help to alleviate the buyer's concerns about purchasing a product that may not meet their needs or expectations.

A Warranty Is an Example of ________