Why might a seller find it advantageous to signal the quality of a product? How are guarantees

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Why might a seller find it advantageous to signal the quality of a product? How are guarantees and warranties a form of market signaling?

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Microeconomics

ISBN: 978-0132857123

8th edition

Authors: Robert Pindyck, Daniel Rubinfeld

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Question Posted: Dec 22, 2015 02:37 AM

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Why might a seller find it advantageous to signal the quality of a product? How are guarantees

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Firms producing highquality products would like to charge higher ...View the full answer

Microeconomics

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