Q1. Soft selling occurs when a buyer is skeptical of the quality of usefulness of a service or product. For example, assume you're trying to sell a company a new accounting system which will reduce costs by percent (%) 10. Instead of asking for a price, you offer to give them the product in exchange for percent (%) 50 of their cost savings. Elucidate the information asymmetry, the adverse selection problem also why soft selling is a successful signal.

Q2. Since 1950 services have risen as a percent (%) of GDP. Elucidate the correlation between this increases also labor participation rates by gender over the same period