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-The Market for Used Cars Is Shown in the Above

Question 45

Multiple Choice

-The market for used cars is shown in the above figure.Buyers cannot tell whether any given car is a lemon.What is the maximum share of lemons that will still allow for all cars being sold? A) 12% B) 16% C) 20% D) 23%
-The market for used cars is shown in the above figure.Buyers cannot tell whether any given car is a lemon.What is the maximum share of lemons that will still allow for all cars being sold?


A) 12%
B) 16%
C) 20%
D) 23%

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