Question: Q 2 . ( 1 0 points ) Consider a car market: cars live two periods. If a consumer buys a car, she can use

Q2.(10 points) Consider a car market: cars live two periods. If a consumer buys a car, she can use it for two years. The car bought by a consumer is called a new car in the first period and an old car in the second period. A consumer can own and use only one car in one period. There is one high type and one low type consumer.
\table[[Consumer Type,WTP for New (11st period),WTP for Old period
Q 2 . ( 1 0 points ) Consider a car market: cars

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