Final answer:
Ways a seller of goods can reassure a buyer with imperfect information.
Step-by-step explanation:
When a seller of goods is faced with a buyer who has imperfect information, there are several ways they can reassure the buyer.
- Provide warranties and guarantees: The seller can offer warranties and guarantees on their products, assuring the buyer that they will be protected if anything goes wrong.
- Offer clear and transparent information: The seller can provide detailed and accurate information about the product, including specifications, features, and any limitations or potential drawbacks.
- Show customer reviews and testimonials: The seller can showcase positive customer reviews and testimonials to demonstrate the reliability and quality of their products.