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3. Consider the lemons market model in class, with a continuum of quality levels. The quality of a used car, 6, is uniformly distributed on

3. Consider the lemons market model in class, with a continuum of quality levels. The quality of a used car, 6, is uniformly distributed on [0,1]. If the quality of the car is 6, a buyer's valuation of the product is 6, while a seller's is k8, where k

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