Ask Question
BusinessBusiness
13 March, 15:22

When sellers are unable to distinguish good buyers from bad ones they face the problem of?

+5
Answers (1)
  1. 13 March, 15:29
    0
    Adverse Selection is the problem when sellers are unable to distinguish good buyers from bad ones.

    Adverse selection is a concept which is used in economics, health care, insurance, risk management etc. In this concept buyers or sellers didn't know much about each other or about the products and are unable to distinguish good ones from bad ones.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “When sellers are unable to distinguish good buyers from bad ones they face the problem of? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Subway is a large chain of franchise sandwich shops. Marcia owns three Subway stores in a large city. At the end of the year, she notes that sales rose from 2 to 5 percent over last year's sales at Stores 1 and 2, but fell 2 percent at Store 3.
Answers (1)
12) An integrated pest-management approach to pest control emphasizes which of the following? A) Eradication of the pest population B) Reliance on spraying broad-spectrum pesticides C) Reduction of crop damage to an economically tolerable level D)
Answers (1)
Suppose that there are two independent economic factors, F1 and F2. The risk-free rate is 3%, and all stocks have independent firm-specific components with a standard deviation of 42%.
Answers (1)
The employees of Beverage Bottling Company designate Cola Cappers Union as their bargaining representative. Beverage refuses to bargain with the union over wages and working conditions. This violates
Answers (1)
Impart information and knowledge. A. Students learn on the job. They are given simple arrangements to complete at first and get more difficult assignments as they master the earlier ones. Develop analytical and problem-solving skills. B.
Answers (1)
New Questions in Business
Andy assumed the character of jude in order to confront the
Answers (1)
Technician a says that a brake spoon is used to adjust brake shoes when the drum is installed. technician b says that a brake hold-down spring tool is used to remove and install hold-down springs. who is correct?
Answers (1)
Last week john got a call from his contact eric at alpine telecomm in switzerland, one of his company's largest international customers.
Answers (1)
John works for Kinjo's Printing Services during the day and Joe's Diner at night. This is a conflict of interest. a. True b. False
Answers (1)
The simple interest 500,000 amount to 630,000. what is the percentage rate?
Answers (1)
Home » Business » When sellers are unable to distinguish good buyers from bad ones they face the problem of?
Sign Up Forgot Password?