Hey please don't answer like incomplete question. I am given this much information and i need to solve it anyhow. So please help.

For all questions, if necessary, make appropriate assumptions. 1. Consider the product market model of Akerlof (1970}. The market is populated by a continuum of sellers. Each seller is endowed with a unit of the good. If the quality of his good is 9 E [0, 1], the seller gets utility 1.!(9) = g from consuming the good and utility from p from selling the good at the price p. The fraction of sellers endowed with a good of quality 5 S 3 is FIG) = 9. The market is also populated by a continuum of buyers. Each buyer gets utility 3 p from purchasing a good of quality 9 at the price p. Information is asymmetric so that sellers know the quality of their own good but buyers only know the average quality of the goods that are traded in equilibrium. (a) Write down and solve the problem of the seller (b) Compute the reservation quality function R(p), i.e. the highest quality of the goods that sellers choose to trade when the price is p E [0, 1] (c) Compute the average quality function Mp), is the average quality of the goods that sellers choose to trade when the price is p E [0, 1]. (d) Plot the reservation quality function, pr), the average quality function, Mp), and identify the set of equilibria of the economy. (e) Compute the reservation quality R', the average quality if, the price p\