In the used car market,________ is (are)a way of signaling.
A) high-deductibles
B) warranties
C) low interest rates
D) high prices for high-quality used cars
E) screening, using low prices for low quality used cars and high prices for high quality used cars,

Question

Quizplus · Accepted Answer

Warranties serve as a signal of quality in the used car market, indicating that the seller is confident in the car's condition and is willing to back it up with a guarantee.

In the Used Car Market,________ Is (Are)a Way of Signaling