When producers signal customers, they are
A)advertising the product's price using mass media.
B)using a banner or sound to attract attention to their product.
C)using a third-party to convince customers to buy.
D)taking action to convey private information credibly.

Question

Quizplus · Accepted Answer

When producers signal customers, they are taking action to convey private information credibly. This could include things like providing warranties or guarantees, using third-party certification or verification, or offering free trials or samples to demonstrate the quality of the product.

When Producers Signal Customers, They Are