Question: content area Part 1 Refer to the experiment screen: LOADING... (Click the more information icon to view the experiment screen.) In the Reputation scenario, over
content area Part 1 Refer to the experiment screen: LOADING... (Click the more information icon to view the experiment screen.) In the Reputation scenario, over time we would expect a seller with a bad reputation to be unable to sell a good advertised as high quality. Part 2 In the Reputation scenario, if sellers with bad reputations want to rebuild their reputation, they would need to: A. Sell a low quality good advertised as low quality. This is the correct answer.B. Sell a low quality good advertised as high quality. C. Sell a high quality good advertised as low quality. D. Sell a high quality good advertised as high quality. Your answer is not correct. Part 3 In the Reputation scenario, if sellers know when the final round is, sellers with good reputations will be tempted to: A. Sell a low quality good advertised as high quality. B. Sell a high quality good advertised as low quality. C. Sell a high quality good advertised as high quality. D. Sell a low quality good advertised as low quality
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