--%>

Signaling and Screening Problem

Assume that you view a degree as a ticket to a high-paying job along with prospects of quick promotion, and that accumulating human capital by learning and studying valuable material is largely not relevant. Your perception is which a college degree functions primarily like a mechanism to: (1) achieve class, status, and power.  (2) signal characteristics that potential employers use in screening. (3) maximize the value of your marginal productivity. (4) connect with other graduates who may be helpful later in your career. (5) secure information regarding potential job openings.

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

   Related Questions in Managerial Economics

  • Q : Define the term cost plus pricing

    Define the term cost plus pricing.

  • Q : Wage rate and price of leisure

    Increases within the wage rate all the time: (w) lack impact on the relative price of leisure. (x) increase the relative price of leisure. (y) decrease the relative price of leisure. (z) increase the quantity of individual labor supplies.

  • Q : Explain the money cost concept briefly

    Explain the money cost concept briefly.

  • Q : PROFIT THEORIES OF ECONOMICS I HAVE A

    I HAVE A PROBLEM ANSWERING A QUESTION:'REVIEW THE ECONOMIC THEORIES OF ECONOMICS'

  • Q : Making a decision regarding resource

    To make a decision regarding resource hire, the firm should take as: (w) the price of the resource. (x) the productivity (Marginal Price) of the resource. (y) output prices. (z) All of the above. How can I solve my Economic

  • Q : Technological changes with machinery

    Technological changes which replace workers along with machinery are termed as: (1) homeostasis. (2) nanotechnology. (3) automation. (4) featherbedding. (5) solipsism. How can I solve my Economics problem? Please s

  • Q : State the assumptions of Law of Demand

    State the assumptions of Law of Demand?

  • Q : Wage rate paid for raises labor When

    When the wage rate paid for labor raises, in that case the: (1) supply of labor increases (2) opportunity cost of leisure rises. (3) workers always supply more labor. (4) level of national income increases. (5) opportunity cost of leisure falls.

  • Q : Illustrates about the Barometric

    Illustrates about the Barometric techniques?

  • Q : Resources and Products Flow Model I

    I have a problem in economics on Resources and Products Flow Model. Please help me in the following question. The eventual owners of all resources and products in the society are as follows: (i) households. (ii) Firms. (iii) The tax-paying public. (iv