Question

Punishing a dishonest firm by shopping somewhere else is likely to:

Accepted Answer

A)  have no effect on the behaviour of the firm.
B)  create losses for the dishonest firm.
C)  cause other firms to think twice about cheating.
D)  cause the dishonest firm to make amends.E) A) and B)
F) B) and C)

Exam 20: Assymetric Information and Market Behaviour

Punishing a dishonest firm by shopping somewhere else is likely to:

Correct Answer
verified

Exam 20: Assymetric Information and Market Behaviour

Punishing a dishonest firm by shopping somewhere else is likely to:

Correct AnswerverifiedShow Answer

Correct Answer
verified