When quality cannot be easily judged in advance, what provides consumers with information about the quality of a product?
A)a brand name
B)a tie-in
C)the quantity available for sale
D)the amount of deadweight loss

Question

Quizplus · Accepted Answer

When quality cannot be easily judged in advance, consumers often rely on the brand name as an indicator of quality. A strong brand reputation can provide consumers with a sense of trust in the product and its quality, even if they have no prior experience with the specific item.

When Quality Cannot Be Easily Judged in Advance, What Provides