In the used car market with nowarranties, the equilibrium is a________ and there is________.

A.

separatingequilibrium; inefficiency, partly because of oversupply of lemons

B.

poolingequilibrium; inefficiency, partly because of oversupply of lemons

C.

poolingequilibrium; inefficiency, partly because of oversupply of good cars

D.

separatingequilibrium; no inefficiency

E.

poolingequilibrium; no inefficiency