Johan and Jeganathan both advertised to sell their used car in the internet and Ah Lim is an interestedbuyer. Johan's car is a "lemon" because the engine is faulty but one cannot tell from the body of the car.Jeganathan's car is a "peach" because he always takes good care of it. Ah Lim is unable to differentiate thequality between the two cars. In economic theory, signaling may help to solve this problem of lack ofinformation. Which party has the most incentive to use signaling in this case?Johan dan Jeganathan sama-sama mengiklankan untuk menjual kereta terpakai mereka dalam internet dan AhLim adalah seorang pembeli yang berminat. Kereta Johan adalah "lemon" kerana enjinnya telah rosak tetapiseseorang tidak dapat mengetahui dari badan kereta itu. Kereta Jeganathan adalah "peach" kerana dia sentiasamenjaganya dengan baik. Ah Lim tidak dapat membezakan kualiti antara kedua-dua kereta itu. Dalam teoriekonomi, "signaling" boleh membantu menyelesaikan masalah kekurangan maklumat ini. Pihak manakah yangmempunyai insentif paling tinggi untuk menggunakan "signaling" dalam kes ini?a. Both Johan and Jeganathan / Kedua-dua Johan dan Jeganathanb. Johan but not Jeganathan / Johan tetapi bukan Jeganathanc. Ah Limd. Jeganathan but not Johan / Jeganathan tetapi bukan Johan If Ali is willing to pay RM100,000 for a used BMW that is a "peach" and RM30,000 for a used BMW that is a"lemon", then Ali will offerJika Ali sanggup membayar RM100,000 untuk sebuah BMW terpakai yang merupakan "peach" dan RM30,000untuk BMW terpakai yang merupakan "lemon", maka Ali akan menawarkan.a. RM65,000 for any used BMW if the probability that it is a "lemon" is 50%RM65,000 untuk mana-mana BMW terpakai jika kebarangkalian ianya adalah "lemon" ialah 50%b. RM130,000 for any used BMW if the probability that it is a "peach" is 50%RM130,000 untuk mana-mana BMW terpakai jika kebarangkalian ianya adalah "peach" ialah 50%c. RM30,000 for any used BMW even if the probability that it is a "lemon" is 50%RM30,000 untuk mana-mana BMW terpakai walaupun kebarangkalian ianya adalah "lemon" ialah 50%d. RM100,000 for any used BMW even if the probability that it is a "peach" is 50%

Since you have posted multiple questions, we will answer the first question for you. If you want any…

Johan and Jeganathan both advertised to sell their used car in the internet and Ah Lim is an interested buyer. Johan's car is a "lemon" because the engine is faulty but one cannot tell from the body of the car. Jeganathan's car is a "peach" because he always takes good care of it. Ah Lim is unable to differentiate the quality between the two cars. In economic theory, signaling may help to solve this problem of lack of information. Which party has the most incentive to use signaling in this case?

Johan and Jeganathan both advertised to sell their used car in the internet and Ah Lim is an interested buyer. Johan's car is a "lemon" because the engine is faulty but one cannot tell from the body of the car. Jeganathan's car is a "peach" because he always takes good care of it. Ah Lim is unable to differentiate the quality between the two cars. In economic theory, signaling may help to solve this problem of lack of information. Which party has the most incentive to use signaling in this case?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

What techniques or approaches can be used to achievemass customization in practice?
Please see the attached40
Will the savings account incur a penalty of 250 pesos by the end of March? yes or no
1. Jack is considering selling his elliptical machine, which he never really used, is high quality, and has been taking up space in his spare bedroom. He lists it on Facebook Marketplace for "$1,200 or best offer" but in reality won't sell it for less than $1,000. Lina is looking to purchase a used elliptical machine. For a high-quality elliptical, she is willing to pay up to $1,300, and for a low-quality elliptical, she is willing to pay $600. Lina is risk neutral but she cannot tell if the elliptical machine is high quality or low quality. If she believes that 60% of used elliptical machines are high quality and 40% are low quality, what is the maximum price that Lina would be willing to pay? Would Jack agree to this price?
You go on vacation in London and find a replica of the fuzzy hats that Buckingham Palace guards and decide it would make the perfect souvenir. The vendor who is selling the hat is asking £70 for it. If $1 buys £1.10, how much is the hat costing you? $636 $70 $77 $63.63
35. If you know that you can afford a $500 per month car payment for the next 48 months, the interest rate is positive and you have found a car dealer who will agree to a zero down payment you will a. Be able to afford a $25,000 car (which is more than $500x48) b. Be able to afford a $24,000 car (which is exactly $500x48) c. Be able to afford something less than a $24,000 car d. Be able to finance a more expensive car when the interest rate is high
* My Account x VHL Central x * VHL | VISTA X Launch Mee x O Your Shoppi x O Settings - AX ! Downloads x B Blackboard X D Announcem X A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/g -> -> E Apps G Gmail O YouTube O Maps Assignment: Chap 7 6 Saved Help Save The annual output and prices of a three-good economy are shown in the table below. Quantity of Goods Year 1 Quantity of Goods Year 2 10 Good Price Year 1 Price Year 2 points Quarts of ice cream Bottles of shampoo Jars of peanut butter $4.00 3 $3.00 $2.00 $4.00 $3.00 $2.00 1 2 3 eBook Instructions: Enter your answers as a whole number. Print a. What was the economy's nominal GDP in year 1? References b. What was its nominal GDP in year 2? $1 %24 Mc Graw Hill DD 888 $11 esc F5 F6 F7 FR F9 F10 F1 F2 F3 F4 @ 23 $ & 2 4 6. 7 8 9
explain how the currency of invoicing can be used as an offensive and/or defensive strategy?
Why E is correct?
Solve it early but correctly. Not explain in excel works
Please do not copy from any other websites, thank you.
Please help with the following question. You are able to sell 15 gallons of ghost pepper sauce per month at a price of $200 per gallon. Re- search shows that for every $9 reduction in price that you can expect to sell 2 more gallons of sauce each month. How much should you charge in order to maximize monthly revenue? Round your response to two decimal places.