In the market for Glop, both high and low quality Glop outcomes are possible and both the buyers and the sellers have the same information regarding whether or not a particular unit of Glop is high or low quality. In the market for Blobs, both high and low quality Blob outcomes again are possible. In the Blob market, however, the seller has more knowledge on if a specific unit of Blob is high or low quality than do the buyers. Based on this information Question 22 options: Neither the Blob nor the Glop markets are likely to suffer the adverse selection problem. Both the Blob market and the Glop market are likely to suffer the adverse selection problem. The Blob market is less likely to suffer the adverse selection problem than is the Glop market. The Blob market is more likely to suffer the adverse selection problem than is the Glop market