1. Suppose there is a market for Pokemon trading card packets, and each packet contains a random combination of potentially valuable cards. Sellers offer packets for sale, and have X-ray machines to determine the value of the in each packet ahead of time (which buyers know about). Buyers are unaware. of the value of the packet, but know the probability is uniformly distributed between $50 and $350. Let the seller have baskets displayed with packets of ranging expected value (e.g., $50,$5075,$50100, ete.) A) If buyers and sellers value Pokemon trading card packets the same (i.e., at their realized market value), explain how many sales will occur. B) If buyers value Pokemon trading card packets for more than the market value of the cards, say at a premium of 20% because they get enjoyment from playing the game, up to what range basket will be sales occur? C) What is the minimum premium on the buyer's evaluation of Pokemon trading card packets to ensur sales occur from every basket (that is, up to the range of $50350 )