A good with qualities that consumers lack the experience to assess without assistance is called

Question

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A credence good is a type of good that possesses qualities that consumers have difficulty evaluating without expert assistance. Consumers must rely on the expertise of the seller or other sources of information to determine whether the good is of high quality or not. Examples of credence goods include medical services, legal services, and home repairs.

A Good with Qualities That Consumers Lack the Experience to Assess