=+10. In each of the following cases, explain how the advertisement functions as a signal to a

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=+10. In each of the following cases, explain how the advertisement functions as a signal to a potential buyer. Explain what information the buyer lacks that is being supplied by the advertisement and how the information supplied by the advertisement is likely to affect the buyer’s willingness to buy the good.

a. “Looking for work. Excellent

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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