Signaling and Screening Student Name Institutional Affiliation Can an increase in the price of cheese induce customers to buy it more? The increase in the prevailing market prices of goods has a different effect on the consumption of the same good. The general principle of demand and supply states that the increase in the market prices of a good. If the prices of cheese increase the people who are willing to buy cheese at the previous price might not be willing to buy it for the new price. The number of customers who buy cheese will significantly reduce for some customers will choose to forego the commodity. The is a sales and marketing employer with a contract offering a low salary and supplements it with a commission of the total sales. A potential job aspirant who is not good at sales will sieve himself or herself when an employer who is excellent in sales and marketing accept the terms of the contract. References Bertrand M. & Morse A. (2016). Trickle-down consumption. Review of Economics and Statistics 98(5) 863-879. Hörner J. (2008). Signalling and screening. The New Palgrave Dictionary of Economics 2nd ed.; Palgrave Macmillan: Basingstoke UK. Hursh S. R. & Roma P. G. (2016). Behavioral economics and the analysis of consumption and choice. Managerial and Decision Economics 37(4-5) 224-238. [...]
I need a two-page paper on coursework. APA style with in-text citations and several references. I have attached instructions.