In order for a signal to be informative,
A)it has to be costly for the sender
B)the cost of signal should be positively related to quality
C)the first-best outcome must be attainable
D)all of the above
E)none of the above

Name: In order for a signal to be informative, A)it has to be costly for the sender B)the cost of signal should be positively related to quality C)the first-best outcome must be attainable D)all of the above E)none of the above
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

The Answer is E

In Order for a Signal to Be Informative