14 Consider the market for used cars. Suppose that there are "good" used cars and "lemons" for cars that are likely to fall apart quickly Suppose that owners of "good" used car's would be willing to sell for $15,000 and owners of "lemons" will sell their car for $7,000. Furthermore, assume buyers are willing to pay $17/090 for a good" car and $5,000 for a lemon. Assume that sellers know if their car is good or a lemon, but buyers cannot differentiate between good care and lemons. Due to recent flooding events, buyers expect that approximately 35%% of the cars on the market are lemons. Given this information, the maximum price that a buyer is willing to pay for a givenused car is think think about the expected values, This results in $1 1.500, only lemons being sold in the market. $17 000, only lemons being sold in the market. O $17.000; both lemons and good cars being sold in the market. $11,500: both lemons and good cars being sold in the market