1. Consider a contract between buyer B and seller 8 for delivery of a good that 8 must produce. Suppose that the value of performance to the buyer, v, nonsalvageable reliance by the buyer, R, and price, P {payable on delivery} are v $1,000, R 100, P 65D Suppose that, at the time the contract was made, the cost of production. (3, was uncertain. However. when the time of production arrives, it takes one of three values: (3 {$T'D, $QDD. $1,100} After observing C, the seller must decide whether to produce and deliver the good, or not produce it and breach the contract. {a} For which values of C {if any} is it efficient to breach the contract? {b} For which values of C will the seller breach under expectation damages? Under reliance damages? Under zero damages? How do your answers compare to [a]