Suppose that in a market for used cars, there are good used cars and bad used cars (lemons). about half of the cars are lemons. consumers are willing to pay as much as $6,000 for a good used car but only $1,000 for a lemon. sellers of good used cars value their cars at $5,000 each and sellers of lemons value their cars at $800 each. buyers cannot tell if a used car is reliable or is a lemon. based on this information, what is the likely outcome in the market for used cars?

you get a crown by getting lots of points and you get points by answering other peoples questions

in terms of experimental research, mcdonald’s charging different prices in the two cities relates to

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.