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22 May, 22:17

Which of the following actions can be an example of a signal designed to reduce the impact of asymmetric information? A. A money-back guarantee B. Students pursue graduate training C. Students take an unpaid internship D. All of the above

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  1. 22 May, 22:25
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    Answer: Option (A) is correct.

    Explanation:

    From the given options, the following actions can be an example of signal designed to reduce the impact of asymmetric information: Money-back guarantee.

    A money-back guarantee can be referred to as an essential that guarantee, if a consumer/individual is not satisfied with commodity or service, refund to the respective account will be made. Money-back guarantee reduces the impact of asymmetric information between a consumer and seller.
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