試題詳解

10. You are in the market for a used 2006 Honda Accord. You know that half of the 2006 Accords are lemons and half are peaches. If you could be assured that the Accord you were buying were a peach, you would be willing to pay up to$10,000. On the other hand, you would only be willing to pay $2,000 for a lemon. You have no ability to discern whether any particular Accord is a lemon or a peach. Sellers of Accords, on the other hand, are likely to know whether their particular car is a lemon or a peach. Suppose sellers of lemons will sell their cars for $1,500 or more and peach sellers will be willing to sell their cars for $8,500 or more. Over time the price in the market for 2006 Accords will:
(A) be betwcen $8,500 and $10,000 for peaches and between $1,500 and $2,000 for lemons and both lemons and peaches will be traded.
(B) be between S1,500 and $2,000 for lemons and only lemons will be traded.
(C) be between S8,500 and $10,000 and only peaches will be traded.
(D) be between $1,500 and S10,000 and both lemons and peaches will be traded.