Darryl graduated with honors from college. However, he obtained his outstanding grades by cheating on every final exam with help from his best friend; Darryl actually has the talent of a C student. Nevertheless, he gets a job with a top accounting firm in Boston. The fact that he is hired illustrates a failure of:
A) efficiency wage theory.
B) signaling and screening.
C) marginal productivity theory.
D) supply and demand theory.
E) outsourcing and specialization.
Correct Answer:
Verified
Q129: In the context of a job market,a
Q135: Employers rely on a job applicant's signals
Q142: Which of these is true of behavioral
Q143: Which of these is an example of
Q143: "Humans try to avoid making some decisions
Q146: Which of the following involves signaling?
A)High wage
Q147: Which of the following is true of
Q151: Which of the following is true of
Q152: Which of the following is an example
Q180: The subfield of behavioral economics that examines
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents