The signaling aspect of the market system refer to:______
a. the price of the good to the consumer and producer.
b. transaction costs of carrying out exchanges.
c. the voluntary character of the exchange.
d. legal requirements for contracts and exchanges.

While talking about markets in Business, signaling refers to the asymmetry of information between buyers and sellers. Usually, sellers provoke a buying pattern in consumers because of a piece of information that is unknown by other parties. Individuals providing that information are called insiders.

Thus, signaling is an aspect of the market system inherent to the price that influences in the behavior of buyers and sellers.

The signaling aspect of the market system refer to:______ a. the price of the good to the consumer and producer. b. transaction costs of carrying out exchanges. c. the voluntary character of the exchange. d. legal requirements for contracts and exchanges.

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The signaling aspect of the market system refer to:______
a. the price of the good to the consumer and producer.
b. transaction costs of carrying out exchanges.
c. the voluntary character of the exchange.
d. legal requirements for contracts and exchanges.