Question: 1. Consider a market for lemons type model where good cars provide a benefit of 15 for the buyer and 9 for the seller. Bad


1. Consider a market for lemons type model where good cars provide a benefit of 15 for the buyer and 9 for the seller. Bad cars provide a benefit of 1 to each person. How high does the probability for a car being good have to be in order for exchange to be possible
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