Vitafluid, a health drink, is available at all supermarkets. after research, the marketing team of the branddiscovered that 90 percent of its customers were people between the ages of 30 and 40.only 10 percent of teenagers liked the drink; the rest disliked it because of its bitter flavor. to attract more teenagers, the brand made its packaging more appealing and modified the formula to make it sweeter. in this scenario, the teenage group can be referred to as a

Many potential buyers value high-quality used cars at the full-information market price of € p1 and lemons at € p2. a limited number of potential sellers value high-quality cars at € v1 ≤ p1 and lemons at € v2 ≤ p2. everyone is risk neutral. the share of lemons among all the used cars that might be potentially sold is € θ . suppose that the buyers incur a transaction cost of $200 to purchase a car. this transaction cost is the value of their time to find a car. what is the equilibrium? is it possible that no cars are sold