Reading a Consumer Reports review of a vacuum cleaner before buying is the same way of dealing with information asymmetry as:
A)a certification of a used car from a brand dealership.
B)an employer requiring a drug test.
C)an insurance company offering different deductible-level plans.
D)a college charging a high tuition relative to other schools.

Question

Quizplus · Accepted Answer

Just as a Consumer Reports review can provide information about the quality of a vacuum cleaner that the consumer may not have access to otherwise, a certification of a used car from a brand dealership can provide assurance about the quality of a used car that the buyer may not be able to determine on their own. Both actions help to reduce information asymmetry between buyer and seller. The other options do not relate as directly to information asymmetry. A drug test is more about an employer ensuring a safe and drug-free workplace, different deductible-level plans are about providing options for insurance customers, and a college tuition rate is a product of a variety of factors including prestige, location, and amenities.

Reading a Consumer Reports Review of a Vacuum Cleaner Before