Question: 3. (10 points) Consider a market for lemons type model where good cars provide a benefit of 20 for the buyer and 12 for the

 3. (10 points) Consider a market for lemons type model where

3. (10 points) Consider a market for lemons type model where good cars provide a benefit of 20 for the buyer and 12 for the seller. Bad cars provide a benefit of 5 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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