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1. Consider the bargaining solution for the used car that we discussed in class. (a) How do you think the solution would change if the dealer had more bargaining power than you? Explain your reasoning. (b) How do you think the solution would change if you had an outside option of buying the car from another dealer? Explain.1. Consider the bargaining solution for the used car that we discussed in class. (a) How do you think the solution would change if the dealer had more bargaining power than you? Explain your reasoning. (b) How do you think the solution would change if you had an outside option of buying the car from another dealer? Explain