“Soft selling” occurs when a buyer is skeptical of the quality or usefulness of a product or service.For example, suppose you’re trying to sell a company a new accounting system that will reducecosts by 10%. Instead of asking for a price, you oer to them the product in exchange for50% of their cost savings. Describe the (i) information asymmetry, (ii) the adverse selectionproblem, and (iii) why soft selling can serve as a successful signal of the quality or usefulnessof the new accounting system.